Peer-To-Peer Lending
/ˈpɪr tə ˈpɪr ˈlɛndɪŋ/
Definitions
- (n.) A method of debt financing that enables individuals to borrow and lend money directly without the involvement of traditional financial institutions, often facilitated through online platforms.
The startup raised capital through peer-to-peer lending platforms rather than bank loans.
Forms
- peer-to-peer lending
Related terms
See also
Commentary
In drafting contracts involving peer-to-peer lending, clarity about platform responsibilities and compliance with financial regulations is essential.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.