lending institution
4
3.7
- noun
- /ˈlɛndɪŋ ˌɪnstɪˈtuːʃən/
- Specialized
:
institución de crédito
- The period of time between a loan being delinquent and transitioning to default can vary by lending institution, by loan, and by borrower.
- multilateral lending institution
- international lending institution
Examples
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A lending institution can make or break an entire segment of society by favoring or rejecting it.
Academic text (1998) -
The banks and lending institutions only care about one thing when making a loan:
Blog text (31) -
Student loans can be obtained from either the federal government or from private lending institutions.
Blog text (17) -
There are loans available from lending institutions that do not require you to have collateral.
Blog text (14) -
Many people rely on lending institutions to finance their homes or businesses.
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Before applying for a loan, you should compare rates from different lending institutions.
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The new policy aims to promote fair practices among lending institutions to ensure equal access to credit.
Synonyms
118
2.5
A person or company that gives money to someone and asks for it back later
68
3.6
An organization that keeps people's money, gives loans, and offers other money services
5
3.5
A business that lends money to people or small businesses
3
4.5
A person or company that gives money but expects it to be paid back
Surface Forms
Morphology
The meaning 'a financial organization that makes loans' is directly and transparently derivable from combining 'lending' (the act of providing money expecting return) with 'institution' (an organization). This compositional noun phrase pattern is common and predictable, so a B1 learner who knows both constituents will readily infer the MWE's meaning.
Etymology
The phrase lending institution comes from the simple idea of a place that lends money. The word lending means giving money that must be paid back and institution means an organization or company, so lending institution today means a bank or company that gives 'loans'.