lending institution
Where loans originate
A lending institution is an organization that provides loans—banks, credit unions, mortgage companies, and similar financial entities.
The term appears most often in formal or legal contexts: The lending institution approved her application.
It emphasizes the organization's role as creditor rather than its other functions.
- credit unionMember-owned financial cooperative
- interest rate policyCentral bank borrowing cost decisions
- annual percentage rateYearly cost of borrowing
- prime rateBank's benchmark lending percentage
- financial regulationLaws governing monetary institutions
bank · home equity loan · down payment · debt consolidation · loan officer · credit check · cooperative bank · savings and loan · personal loans · monetary policy · banking laws · repayment plans · business loans · line of credit · student loans · risk assessment · investment bank · consumer protection laws
lending institutionborrower
One who takes temporarily
debtor · mortgagor · obligor · loan applicant · loanee
lending, institution, lends, lender, lenders, institute, institutes, instituted, instituting