Lender
in sentence
215 examples of Lender in a sentence
For example, Lloyds TSB took over the troubled HBOS, Britain’s largest mortgage lender, in a merger opposed by the country’s Office of Fair Trading, whereas it was barred from taking over Abbey National bank in 2001.
And if it is a direct institutional supervisor, as well as being the
lender
of last resort, there are different considerations again.
It should also enlarge its emergency credit lines to act more as a
lender
of last resort to developing nations hit by financial whiplash.
The regulatory infrastructure includes supervision, deposit guarantee, the
lender
of last resort, and emergency liquidity assistance.
As long as the borrower has not misled the
lender
at the time of taking the loan, the
lender
bears at least some responsibility for the transaction.
The Meltzer Commission established by the US Congress recently recommended converting the World Bank from a
lender
to a World Development Agency.
Whereas a commercial
lender
might take three months to prepare and disburse a loan, the Bank takes more than two years.
In other words, if you fail to make your payments on time, the
lender
can foreclose on the loan and take possession of the property – as millions of homeowners have experienced in the last decade.
Yet, unlike many emerging economies, China does not struggle with a currency mismatch, thanks to its large foreign-exchange reserves and persistent current-account surpluses, which make it a net
lender
to the rest of the world.
Five years on, the eurozone still lacks a proper banking union, or even, as Greece demonstrated, a proper
lender
of last resort.
Unless inflation drops much more, now is an ideal time to be a borrower and a bad time to be a
lender
or investor in long-term bonds.
Proponents of the single currency object that if Europe has separate national currencies, it will have separate banking systems, each with its own
lender
of last resort.
This role should go beyond the Fund’s traditional tasks of adviser and
lender
of last resort.
As IMF teams now work across the globe to assist governments in devising programs that can restore confidence, it is clear that the role of
lender
of last resort is not obsolete.
The OMT program’s supporters point out that it has calmed the financial markets by affirming the ECB’s readiness to step in as a
lender
of last resort and buy sovereign debt before a country goes bust.
Given that the eurozone lacks any supra-national fiscal backstop, such as a
lender
of last resort or a debt-mutualization mechanism like Eurobonds, the home-country bias can be expected to intensify whenever an economy experiences a significant shock.
But a central bank would normally do even more to fulfill its role as
lender
of last resort.
As a
lender
of last resort to sovereigns, a central bank must stand ready to purchase sovereign debt unconditionally, in order to neutralize the effects of temporary market disruptions.
The eurozone must allow for selective default on sovereign debt, with the ECB acting as a
lender
of last resort for solvent governments.
But, whatever his motives, the anxiety that led up to Argentina's last minute deal with the IMF to repay $3.1 billion owed the global
lender
may serve to help to rescue what capitalism is really about: the appropriate judgment of risk.
For example, the classical prohibition on usury was softened from a ban on charging interest on all loans to a ban on charging interest on loans for which the
lender
had no alternative use, i.e., for charging interest on “hoards” or cash balances.
The same cannot be said of the less frequent need (one hopes) for the monetary authority to act as
lender
of last resort to commercial banks and even to the government.
Fiscal policy would also be straightened out because the central bank was no longer the
lender
of last resort.
In India’s case, it is leveraging its clout as a major supplier of power and telecommunications equipment and active pharmaceutical ingredients, not to mention as a
lender
to financially troubled Indian firms, to limit the country’s options.
The German court’s ruling jeopardizes the ECB’s ability to act as an effective
lender
of last resort, thereby reducing its independence and ultimately undermining its ability to deal with market panics and crises – and thus to fulfil its primary mandate of price stability.
In less than 15 years, China has gone from playing a rather marginal economic role in Latin America to being among the top investors and trading partners for most countries in the region, as well as its foremost
lender
and infrastructure builder.
This is especially true when the emergence of systemic banking problems calls for support from a
lender
of last resort.
If the PBOC is to prioritize financial stability and commit to fulfilling its role as a
lender
of last resort, it may be preferable to accept that devaluation in inevitable – before the country’s foreign-exchange reserves are depleted.
The IMF Does EuropeCAMBRIDGE – With the International Monetary Fund playing a central role in the eurozone’s blueprint for a bailout of Greece, the multilateral
lender
has come full circle.
Nonetheless, because China is a net
lender
to the world, LGFV debt has no global systemic implications.
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