who is a moneylender ? who is a trader
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a person whose business is lending money to others who pay interest.
A trader is a person who buys and sells financial instruments (such as stocks, currencies or commodities) in a financial market. Traders may trade for themselves, on behalf of the institution they work for or on behalf of a client, acting as an intermediary between the client and a market maker.
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A money lender
- Money lender is an individual or a group that lends out money at higher rates of interest.
- They are known to charge higher rates than banks because of the element of risk involved.
A trader
- A trader is Who is known to engage in purchase or selling of financial assets in a financial market.
- This they can do it at their own end or acting on the behalf of someone.
- It differs from an investor for the duration they hold an investment.
Learn more about a money lender
The role of a money lender in improvising peasantry
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why do you pay interest to a money lender
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