Meaning of onlend | Babel Free

Definitions

To loan out something that has been borrowed.

Examples

“A country which has experimented with this approach⟳ in recent years is Sri Lanka (Sanderatne 1989) where NGOs not only borrow and onlend directly but also give⟳ guarantees to the banks (although these are kept hidden from borrowers) or sometimes merely their "approval" to a loan, and assist in its recovery.”

“Availability of credit boosts nominal aggregate demand⟳ by changing volume of liquidity available to banks, which the latter then onlend.”

“Some studies have⟳ found clients use⟳ microcredit for money lending. Instead of investing in a so-called productive activity or covering a family expense, clients onlend to their entourage, often with interest⟳. MFIs antagonistic to usurers naturally condemn such practices. In our opintion, however, onlending should not be automatically judged as a digression or anomaly of the system, but rather a natural (even rational) outcome.”

CEFR level