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Lender
LENDER

Definition: (finance) A person or an organization that lends money.
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* All eight elements would be in.


1. Person or organization has a purpose and necessity.

2. Reaches an understanding with borrower. That is, mutually agrees with borrower on terms of contract. And gives funds timely, once agreements are reached and/or concluded.

3. Conditions are not skewed solely in favour of person or organization lending money. That is, lending rate(s) is/are considered acceptable to borrower(s).

4. (Reserved.) (Does not forget to demand or ask for repayment.)

5. Money given out is genuine and real - not counterfeit or duds.

6. Can give a leeway to borrower to 'default', on repayment date, even if only for a short while.

7. Registered and/or regulated appropriately (where possible).

8. Achieves objective(s), as exactly hoped for.
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See perfect LOAN SHARK.

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