Creditor: Difference between revisions
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“Neither a borrower nor a lender be, <br> | {{a|banking|}}“Neither a borrower nor a lender be, <br> | ||
For loan oft loses both itself and friend, <br> | For [[loan]] oft loses both itself and friend, <br> | ||
And borrowing dulls the edge of husbandry.” <br> | And [[Borrow|borrowing]] dulls the edge of husbandry.” <br> | ||
::—''[[Hamlet]]'', I, iii | ::—''[[Hamlet]]'', I, iii | ||
Literally — for [[creditor]] comes from the {{tag|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}} | |||
*[[Lender]] | |||
*[[Borrower]] | |||
*[[Debtor]] | |||
Latest revision as of 21:11, 19 January 2021
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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.