Definition: Net lending

Category: SNA

Difference between changes in net worth due to saving and capital transfers and net acquisitions of non-financial assets (acquisitions less disposals of nonfinancial assets, less consumption of fixed capital). If the amount is negative it represents net borrowing (SNA 2008, § 10.28). 

Net lending is defined as follows:

(a) Net saving plus capital transfers receivable minus capital transfers payable;

minus

(b) The value of acquisitions less disposals of non-financial assets, less consumption of fixed capital (SNA 1993, § 10.30). http://ec.europa.eu/eurostat/ramon/statmanuals/files/SNA2008.pdf United Nations, "System of National Accounts (SNA) 1993", United Nations, New York, 1993