Peer-to-Peer Lending Definition:
Peer-to-Peer Lending means: Paratoper loans (P2P) allow people to get loans directly from third parties, eliminating financial institutions as intermediaries. Sites that facilitate P2P lending have dramatically increased their adoption as an alternative financing method.
- P2P lending sites connect borrowers directly to investors. The website sets prices and terms and allows transactions.
- P2P lenders are individual investors who want to get better returns on savings rather than offering a bank savings account or CD.
- P2P borrowers are looking for alternatives to traditional banks or better interest rates than banks offered by banks.
Literal Meanings of Peer-to-Peer Lending
Meanings of Peer:
Look closely at someone or something or with difficulty.
Make or be the same or in the same category.
Members of the nobility of Great Britain or Ireland, including the Docs, the Marquis, the Earls, the Viscons and the Barons.
A person of the same age, status, or abilities as other people.
Sentences of Peer
Blake closed his eyes and tried to peek into the mist.
Thames can't see the mill near my house
Hereditary partners can still dominate the House of Lords debate
He faced a lot of criticism from his peers.
Synonyms of Peer
look closely, look earnestly, patrician, squint, narrow one's eyes, titled man, match, nobleman, member of the nobility, like, lady, member of the aristocracy, lord, aristocrat, peeress, noblewoman, look through narrowed eyes, screw up one's eyes, titled woman, titled person, fellow, try to see, noble, rival, co-worker, equal, member of the peerage, peer of the realm
Meanings of To:
Towards Express Movement
Proximity or limit (certain conditions)
Identify the person or thing in question.
It shows that two things are connected.
Anxious or maybe upset (something, especially some summary)
Used to add another item to the competition.
It is used with the basic form of the verb to indicate that the verb is ineffective.
When the absent verb is considered clear, it is used without following the verb.
Sentences of To
Going out in the mall
Christopher's expression turned from surprise to joy.
You are very moderate about it
Married cousin John
He left his motorcycle tied to the fence
This is nothing compared to before
He threw the door behind him
He was told to come, but he said he did not want to
Synonyms of To
in the direction of, toward, secure, so as to approach, tight, so as to near, fastened, secured, to, firmly fixed
Meanings of Lending:
It allows an individual or organization to use the money under the agreement so that it can be paid later.