Definition
Peer-to-peer lending is a type of lending in which individuals borrow or lend money to other individuals. It can bypass traditional financial intermediaries like banks, who usually provide only one service.
In the room
How the word shows up in a real conversation.
You know Peer-to-peer lending is doing work when it changes a weekly choice — price, hire, channel, or kill. The working definition: Peer-to-peer lending is a type of lending in which individuals borrow or lend money to other individuals. It can bypass traditional financial intermediaries….
Common mistake
Using Peer-to-peer lending as a label instead of a fact. If you cannot point to the evidence — a number, a customer, or a written assumption — you are using the word as jargon.
See also
Peer-to-peer (P2P)
Network model where participants interact directly without central authority.
Read definition →
Payroll
Process of calculating and distributing employee wages and salaries.
Read definition →
Performance bond
Financial guarantee that ensures a contractor will complete a project as specified and meet performance standards.
Read definition →
Performance guarantee
Assurance that a product or service will meet specified performance standards.
Read definition →
Research more
Open the word in an AI tool with a ready prompt. We do not send your data.
Get one word every week
A 3-minute read: 1 word, 1 founder lesson, 1 tool.