Definition
borrower
noun
- a person who receives something temporarily with the intention of returning it
- a person who takes out a loan from a bank or other financial institution
Usage: finance
Examples
- The library requires borrowers to return books within two weeks.
- As a frequent borrower, she always returned items on time.
- The bank approved the borrower’s application for a home loan.
- Responsible borrowers make their monthly payments promptly.
- The borrower must provide proof of income before receiving the funds.
- She was known as a reliable borrower among her friends.
- The credit union offers favorable rates to qualified borrowers.