Peer-to-peer

Peer-to-peer

Peer-to-peer (or P2P) lending is where an investor uses a third party, usually referred to as a "platform", to provide a loan to other consumers or to businesses for an interest rate return.

Sometimes peer-to-peer lending firms are said to be "cutting out the middleman" (the banks), but a peer-to-peer platform is actually a middleman between a lender and a borrower.

The Innovative Finance Isa is designed for peer-to-peer lending.

 
 
Keynesian economics

Keynesian economics

Joint account

Joint account

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