Trustee vs Lender - What's the difference?
trustee | lender |
A person to whom property is legally committed in trust, to be applied either for the benefit of specified individuals, or for public uses; one who is intrusted with property for the benefit of another; also, a person in whose hands the effects of another are attached in a trustee process.
To commit (property) to the care of a ; as, to trustee an estate.
To attach (a debtor's wages, credits, or property in the hands of a third person) in the interest of the creditor.
One who lends, especially money.
* Shakespeare , Hamlet, circa 1602, Act 1 scene 3, Polonius speaks [http://www.gutenberg.org/dirs/etext98/2ws2610.txt]
*{{quote-magazine, date=2013-06-01, volume=407, issue=8838, page=71, magazine=(The Economist)
, title=
As nouns the difference between trustee and lender
is that trustee is a person to whom property is legally committed in trust, to be applied either for the benefit of specified individuals, or for public uses; one who is intrusted with property for the benefit of another; also, a person in whose hands the effects of another are attached in a trustee process while lender is one who lends, especially money.As a verb trustee
is to commit (property) to the care of a ; as, to trustee an estate.trustee
English
(wikipedia trustee)Noun
(en noun)Derived terms
* board of trustees * public trusteeVerb
(en verb)lender
English
Noun
(en noun)- "Neither a borrower nor a lender be:
- For loan oft loses both itself and friend;
- And borrowing dulls the edge of husbandry."
End of the peer show, passage=Finance is seldom romantic. But the idea of peer-to-peer lending comes close. This is an industry that brings together individual savers and lenders on online platforms. Those that want to borrow are matched with those that want to lend.}}