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
the activity of lending money to people and organizations which they pay back with interest: 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.


Equity prices have been hit sharply by the US sub-prime lending crisis.


business/consumer/corporate lending


bank/commercial/subprime lending


lending company/institution/market


lending practices/figures/growth

See also BANK LENDING(Cf. ↑bank lending), MORTGAGE LENDING(Cf. ↑mortgage lending), PREDATORY LENDING(Cf. ↑predatory lending)

Financial and business terms. 2012.

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Look at other dictionaries:

  • lending — n. The act or business of lending something, especially money. See also loan The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008 …   Law dictionary

  • Lending — Lend ing, n. 1. The act of one who lends. [1913 Webster] 2. That which is lent or furnished. [1913 Webster] …   The Collaborative International Dictionary of English

  • Lending — (Roget s Thesaurus) < N PARAG:Lending >N GRP: N 1 Sgm: N 1 lending lending &c. >V. Sgm: N 1 loan loan advance accommodation feneration| Sgm: N 1 mortgage mortgage &c.(security) 771 Sgm: N 1 investment …   English dictionary for students

  • Lending — Lend Lend (l[e^]nd), v. t. [imp. & p. p. {Lent} (l[e^]nt); p. pr. & vb. n. {Lending}.] [OE. lenen, AS. l[=ae]nan, fr. l[=ae]n loan; akin to G. lehnen to lend. See {Loan}.] 1. To allow the custody and use of, on condition of the return of the… …   The Collaborative International Dictionary of English

  • lending — 1. adjective That lends. a lending library 2. noun Action of the verb to lend …   Wiktionary

  • lending — noun Lending is used before these nouns: ↑institution, ↑library, ↑rate …   Collocations dictionary

  • lending rate — UK US noun [C] BANKING, FINANCE, ECONOMICS ► the rate of interest that a bank or other financial organization charges for borrowing money: »Iceland s central bank raised its key lending rate to 13.5%. cut/raise/increase the lending rate… …   Financial and business terms

  • lending rate — UK [ˈlendɪŋ ˌreɪt] US noun [countable] [singular lending rate plural lending rates] economics a percentage that a bank charges a customer who borrows money Thesaurus: general w …   Useful english dictionary

  • Lending Standards Board — (LSB) United Kingdom The successor organisation to the Banking Code Standards Board. It began work on 2 November 2009 when it published the Lending Code (Code) which replaced the Business Banking Codes published by the British Bankers Association …   Law dictionary

  • lending rate — lending rates N COUNT The lending rate is the rate of interest that you have to pay when you are repaying a loan. The bank left its lending rates unchanged …   English dictionary

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