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Definitions from WordNet

Definitions from the Web

Lending Institution

Definition

A lending institution refers to an organization, typically a bank or credit union, that provides funds to borrowers in the form of loans.

Senses

1. (Noun) A financial institution that grants loans to individuals or businesses.

2. (Noun) A nonprofit organization that provides microloans to entrepreneurs in underdeveloped communities.

Usage

1. I approached a lending institution to secure a mortgage for my new house.

2. Small business owners often rely on lending institutions to obtain capital for their ventures.

3. The local lending institution has been supporting aspiring entrepreneurs through their microloan program.

Related Products

• Banking and Finance Books
• Personal Loan Options