Borrower

/ˈbɔːrəʊər/

Meaning & Definition

noun
A person or entity that receives something with the intention of returning it or its equivalent.
The borrower applied for a loan to purchase a new car.
A person or organization that takes out a loan from a lender, usually with legal obligations to repay it.
As a responsible borrower, she ensured she understood the terms of her mortgage.
In a library context, a person who temporarily takes a book or other item for personal use.
The borrower returned the library book well before the due date.

Etymology

Middle English, from Old English 'borwian' meaning to lend; related to 'borrowing'.

Common Phrases and Expressions

trusted borrower:
A person who is reliable in paying back borrowed items or money.
bad borrower:
A person who frequently fails to return borrowed items or pay back loans.
borrower’s agreement:
A contract between a lender and a borrower outlining the terms of a loan.

Related Words

Slang Meanings

Broke-ass borrower
He's known as a broke-ass borrower because he always asks for cash but never pays it back.
Freeloader
She’s a freeloader who gets everything for free but never gives anything in return.