Someone who loans money is called - Practice (English) | ObjectiveMcq

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Someone who loans money is called - Practice (English) | ObjectiveMcq

PracticeFinance InterviewBasicsSomeone who loans money is called...

Basics Finance InterviewHard

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Someone who loans money is called

Correct Answer: C — Lender

Explanation:

Someone who receives money in exchange for a promise to pay it back later is called a borrower1, and the person making the loan is the lender.

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