Definition

A person or organization that gives money to others with the expectation that it will be paid back later, usually with interest.

Example

The lender approved my loan application quickly.

Conversation

I need to find a reliable lender for my new car.

Have you checked with your bank? They usually offer good rates.

Yeah, but I'm also considering some online options for comparison.

That's smart! Just make sure to read the reviews before choosing a lender.

Synonyms & Antonyms

Root Explanation

Lender → It is formed from "lend" (from Old English *lendan*, meaning to grant or allow) and "-er" (meaning a person who). A lender is a person who grants or allows the use of something, typically money, to another.

Memory Tip

Think of someone who 'grants' ('lend') something to another person — that's why a lender is a person who lends.

Visually Confused Words