A person who gives someone something on a temporary basis.
Tom let Mary use his lawn mower to mow her grass. When Mary is finished mowing her lawn, she must return the lawn mower to John. John is a lender. He has lent his lawn mower to Mary. If a bank gives you money that you have to pay back, the bank is a lender.
Sign Up to Learn More!
Join our mailing list today to get notified of new discount offers, course updates, Roger CPA Review news, and more!