lending
An example of a 'carry' (See carrying) which takes place on the LME, this is the sale of near-dated futures and purchases of longer dated futures. On other markets such an intramarket spread trade it is known as 'selling the spread'. Dresdner Kleinwort Wasserstein financial glossary
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lend lend [lend] verb lent PTandPP [lent]
1. [intransitive, transitive] BANKING if a bank or financial institution lends money, it lets a person or organization borrow it on condition that they pay it back, with an additional amount as interest, usually gradually over an agreed period of time:
• Once again, the government is encouraging banks to lend.
lend something to somebody
• Last year, financial institutions lent over $30 billion to new businesses.
— see also overlend — lending noun [uncountable] :
• stiff controls on bank lending
2. [transitive] to let someone borrow money from you or use something that you own, which they will give back to you later:
lend somebody something
• Can you lend me $20 till Friday?
lend something to somebody
• Neighbouring countries offered to lend rescue equipment to the city authorities after the earthquake.
3. lend strength/support to support or help someone or something:
• The bond market rally yesterday also lent some strength to the stock market.
• The dollar's weakness has lent support to precious metals prices.
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lending UK US /ˈlendɪŋ/ noun [U] BANKING, FINANCE
► lending to sb »
Lending to borrowers with lower credit scores increased sharply during 2005-6.
increase/cut/raise lending »
In the first half of the year, the Bank increased its lending by almost 50%.
lending rises/increases/falls »
UK mortgage lending fell by a record £2.3bn in April.
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Equity prices have been hit sharply by the US sub-prime lending crisis.
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business/consumer/corporate lending
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bank/commercial/subprime lending
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lending company/institution/market
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lending practices/figures/growth
Financial and business terms.
2012.