ka'lender
11lender of last resort — Traditionally the Federal Reserve Bank in the US, which assists banks that face large withdrawals of funds and in so doing stabilizes the banking system. Bloomberg Financial Dictionary A description of the Bank of England, indicating that the… …
12Lender Confirmation Auction — A type of foreclosure auction where the highest bid must be approved and accepted by the lender (usually the bank). Lender confirmation auctions are opposed to an absolute auction, where the winning bid gets the property. The property is… …
13lender — Businesses that provide loans to others. Bloomberg Financial Dictionary * * * lender lend‧er [ˈlendə ǁ ər] noun [countable] BANKING FINANCE a person or organization that lends people money on the condition that they pay it back: • Newspaper ads… …
14Lender Of Last Resort — An institution, usually a country s central bank, that offers loans to banks or other eligible institutions that are experiencing financial difficulty or are considered highly risky or near collapse. In the U.S. the Federal Reserve acts as the… …
15Lender-Paid Private Mortgage Insurance — Private mortgage insurance that a mortgage lender pays on behalf of a borrower. Mortgage lenders generally require private mortgage insurance if a mortgage has a loan to value (LTV) ratio of more than 80%. When a lender pays the private mortgage… …
16lender liability — An informal term referring to various manifestations of actual or potential legal liability arising from the conduct of a financial institution lender. Generally, lender liability arises from allegations that a lender has violated a duty (whether …
17lender — noun ADJECTIVE ▪ big, large, leading, major ▪ The bank is the largest mortgage lender in the country. ▪ money, mortgage ▪ …
18Lender — Someone who makes funds available to another with the expectation that the funds will be repaid, plus any interest and/or fees. A lender can be an individual, or a public or private group. Lenders may provide funds for a variety of reasons, such… …
19lender's loss payable clause — A provision in a hazard insurance contract stipulating that in the event of a loss, proceeds will be paid to a secured party. Usually used when the insured property is personal property. This is the personal property version of the standard… …
20lender — UK [ˈlendə(r)] / US [ˈlendər] noun [countable] Word forms lender : singular lender plural lenders a person or a financial institution such as a bank that lends money …
