Likilendirme

Likilendirme is the practice of lending financial assets by one party to another under agreed terms, typically with compensation for the use of the assets. It encompasses cash loans, securities lending, and other arrangements where the borrower receives assets for a period and agrees to repay them plus interest or fees. Transactions can be secured with collateral or unsecured, depending on risk assessment and market norms.

In secured likilendirme, borrowers provide collateral such as cash, bonds, or other assets to reduce loss in case of default. Terms specify duration, interest rate, repayment schedule, and remedies for missed payments. Unsecured forms rely primarily on the lender’s assessment of creditworthiness. Modern variants include margin lending, where assets are borrowed to leverage investment positions, and peer-to-peer lending facilitated by online platforms.

Risks include borrower default, collateral value fluctuations, liquidity gaps, operational failures, and legal or regulatory exposure. Lenders face counterparty risk and pricing risk, while borrowers may incur higher costs or loss of collateral. Regulators may address likilendirme through licensing, disclosure requirements, consumer protections, credit information sharing, and capital or reserve requirements for institutions engaged in lending activities.

The practice supports liquidity in financial markets by enabling idle funds or assets to generate return and by providing financing for individuals and businesses. Its growth is influenced by macroeconomic conditions, interest rates, and the development of financial technology. As markets evolve, transparent terms, risk management, and clear regulatory guidance are key factors in sustainable likilendirme.