What does borrower mean?

Definitions for borrower
bor·row·er

This dictionary definitions page includes all the possible meanings, example usage and translations of the word borrower.

Princeton's WordNet

  1. borrowernoun

    someone who receives something on the promise to return it or its equivalent

Wiktionary

  1. borrowernoun

    One who borrows.

    a library borrower's card

Samuel Johnson's Dictionary

  1. Borrowernoun

    Etymology: from borrow.

    His talk is of nothing but of his poverty, for fear belike lest I should have proved a young borrower. Philip Sidney, b. ii.

    Neither a borrower nor a lender be;
    For loan oft loses both itself and friend,
    And borrowing dulls the edge of husbandry. Hamlet.

    Go not, my horse, the better;
    I must become a borrower of the night
    For a dark hour or twain. William Shakespeare, Macbeth.

    But you invert the cov’nants of her trust,
    And harshly deal, like an ill borrower,
    With that which you receiv’d on other terms. John Milton.

    Some say, that I am a great borrower; however, none of my creditors have challenged me for it. Alexander Pope.

Wikipedia

  1. borrower

    A debtor or debitor is a legal entity (legal person) that owes a debt to another entity. The entity may be an individual, a firm, a government, a company or other legal person. The counterparty is called a creditor. When the counterpart of this debt arrangement is a bank, the debtor is more often referred to as a borrower. If X borrowed money from their bank, X is the debtor and the bank is the creditor. If X puts money in the bank, X is the creditor and the bank is the debtor. It is not a crime to fail to pay a debt. Except in certain bankruptcy situations, debtors can choose to pay debts in any priority they choose. But if one fails to pay a debt, they have broken a contract or agreement between them and a creditor. Generally, most oral and written agreements for the repayment of consumer debt - debts for personal, family or household purposes secured primarily by a person's residence - are enforceable.For the most part, debts that are business-related must be made in writing to be enforceable by law. If the written agreement requires the debtor to pay a specific amount of money, then the creditor does not have to accept any lesser amount, and should be paid in full. Also, if there was no actual agreement but the creditor has proven to have loaned an amount of money, undertaken services or given the debtor a product, the debtor must then pay the creditor.

ChatGPT

  1. borrower

    A borrower is an individual, organization, or entity that takes something, typically money, on loan from another individual, organization, or entity known as a lender. This is typically done under the understanding and agreement that the borrowed item or amount will be returned, often with interest, in a specified amount of time. This term is most commonly used in finance and banking.

Webster Dictionary

  1. Borrowernoun

    one who borrows

Matched Categories

How to pronounce borrower?

How to say borrower in sign language?

Numerology

  1. Chaldean Numerology

    The numerical value of borrower in Chaldean Numerology is: 6

  2. Pythagorean Numerology

    The numerical value of borrower in Pythagorean Numerology is: 6

Examples of borrower in a Sentence

  1. Karl Jacob:

    We watch how a borrower is approaching the transaction and we'll be more responsive to people who are responsive to us.

  2. William Shakespeare:

    Neither a borrower nor a lender be For loan oft loses both itself and friend, And borrowing dulls the edge of husbandry. This above all to thine own self be true, And it must follow, as the night the day, Thou canst not then be false to any man.

  3. Greg McBride:

    The idea that lenders are not going to pass this along to the consumer is a pipe dream, this is essentially an additional tax levied on the merchandise that will be passed on to the consumer. It is Fannie and Freddie reaching into the borrower's pockets.

  4. Sheila Bair:

    And let's be honest about it. Hybrid ARMs were never made based on the assumption that the borrowers would be able to make the payment once the loan reset. They were designed as two or three year "bullets" ... with the assumption that home appreciation would allow the borrower to refinance at, or before, reset. Given current conditions in the housing market, this business model is no longer viable, which should come as no shock to anyone.

  5. Richard Kurth:

    It's going to take three or four 25 basis point rate increases before you shoot past the Libor floor and it actually changes borrower interest expenses.

Popularity rank by frequency of use

borrower#10000#13194#100000

Translations for borrower

From our Multilingual Translation Dictionary

Get even more translations for borrower »

Translation

Find a translation for the borrower definition in other languages:

Select another language:

  • - Select -
  • 简体中文 (Chinese - Simplified)
  • 繁體中文 (Chinese - Traditional)
  • Español (Spanish)
  • Esperanto (Esperanto)
  • 日本語 (Japanese)
  • Português (Portuguese)
  • Deutsch (German)
  • العربية (Arabic)
  • Français (French)
  • Русский (Russian)
  • ಕನ್ನಡ (Kannada)
  • 한국어 (Korean)
  • עברית (Hebrew)
  • Gaeilge (Irish)
  • Українська (Ukrainian)
  • اردو (Urdu)
  • Magyar (Hungarian)
  • मानक हिन्दी (Hindi)
  • Indonesia (Indonesian)
  • Italiano (Italian)
  • தமிழ் (Tamil)
  • Türkçe (Turkish)
  • తెలుగు (Telugu)
  • ภาษาไทย (Thai)
  • Tiếng Việt (Vietnamese)
  • Čeština (Czech)
  • Polski (Polish)
  • Bahasa Indonesia (Indonesian)
  • Românește (Romanian)
  • Nederlands (Dutch)
  • Ελληνικά (Greek)
  • Latinum (Latin)
  • Svenska (Swedish)
  • Dansk (Danish)
  • Suomi (Finnish)
  • فارسی (Persian)
  • ייִדיש (Yiddish)
  • հայերեն (Armenian)
  • Norsk (Norwegian)
  • English (English)

Word of the Day

Would you like us to send you a FREE new word definition delivered to your inbox daily?

Please enter your email address:


Citation

Use the citation below to add this definition to your bibliography:

Style:MLAChicagoAPA

"borrower." Definitions.net. STANDS4 LLC, 2024. Web. 25 Apr. 2024. <https://www.definitions.net/definition/borrower>.

Discuss these borrower definitions with the community:

0 Comments

    Are we missing a good definition for borrower? Don't keep it to yourself...

    Free, no signup required:

    Add to Chrome

    Get instant definitions for any word that hits you anywhere on the web!

    Free, no signup required:

    Add to Firefox

    Get instant definitions for any word that hits you anywhere on the web!

    Browse Definitions.net

    Quiz

    Are you a words master?

    »
    long and thin and often limp
    A commensal
    B askant
    C usurious
    D lank

    Nearby & related entries:

    Alternative searches for borrower: