Meaning of “on-lend” in the English Dictionary

"on-lend" in Business English

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on-lendverb [ T ]

uk us on-lent, on-lent FINANCE

to borrow money and lend it to someone:

on-lend sth to sb The bank proposed to on-lend the money to other banks at a rate of 15%.
noun [ U ]

(Definition of “on-lend” from the Cambridge Business English Dictionary © Cambridge University Press)