Meaning THIRD-PARTY LENDING

What does THIRD-PARTY LENDING mean? Here you find 2 meanings of the word THIRD-PARTY LENDING. You can also add a definition of THIRD-PARTY LENDING yourself

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THIRD-PARTY LENDING


The system whereby an institution lends directly to a borrower and retains decision-making power, while all administration (settlement collateral monitoring, and so on) is handled by a third party, su [..]
Source: northerntrust.com

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THIRD-PARTY LENDING


Opportunist , unnecessary additional expense causer for the most part . Pretender as to the real value of services offered and provided .Some party adding an element to a loan applicant that causes a lot of avoidable expense and so on .
Phillip Davis (15 November 2017)

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