Meaning & Definition of word "Borrower"

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.