Meaning & Definition of word "Borrower"
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Borrower
/ˈbɔːrəʊər/
noun:
- 1. A person or entity that receives something with the intention of returning it or its equivalent.
- Example: The borrower applied for a loan to purchase a new car.
- 2. A person or organization that takes out a loan from a lender, usually with legal obligations to repay it.
- Example: As a responsible borrower, she ensured she understood the terms of her mortgage.
- 3. In a library context, a person who temporarily takes a book or other item for personal use.
- Example: 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
lend:
To give something to someone with the expectation it will be returned.
loan:
A sum of money borrowed that is expected to be paid back with interest.
Slang Meanings of borrower
Meaning: Broke-ass borrower
Example Sentence: He's known as a broke-ass borrower because he always asks for cash but never pays it back.
Meaning: Freeloader
Example Sentence: She’s a freeloader who gets everything for free but never gives anything in return.