Creditor: Difference between revisions
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::—''[[Hamlet]]'', I, iii | ::—''[[Hamlet]]'', I, iii | ||
Literally — for [[creditor]] comes from the | Literally — for [[creditor]] comes from the [[Latin]] ''credo, credere, credidi, creditum'' — a [[believer]]. One who extends [[credit]], which one might do deliberately by [[Lender|lending]] money, and inadvertently if one’s [[at-the-money]] [[transaction]] improves in value, such that the poor fellow owes you money. | ||
{{sa}} | {{sa}} |
Latest revision as of 13:30, 14 August 2024
Banking basics
A recap of a few things you’d think financial professionals ought to know
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“Neither a borrower nor a lender be,
For loan oft loses both itself and friend,
And borrowing dulls the edge of husbandry.”
- —Hamlet, I, iii
Literally — for creditor comes from the Latin credo, credere, credidi, creditum — a believer. One who extends credit, which one might do deliberately by lending money, and inadvertently if one’s at-the-money transaction improves in value, such that the poor fellow owes you money.