Meaning of lending library

lend'ing li"brary

Pronunciation: [key]
  1. Also calleda small library that is maintained by a commercial establishment, as a drugstore, and is composed largely of current books that are lent to customers for a fee.
  2. a public library that lends materials or the division or section of it that carries out this function.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.