Borrower: meaning, definitions and examples
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borrower
[ ˈbɒrəʊər ]
finance
A person or organization that takes money from a bank or other financial institution with the agreement that they will pay it back within a certain period, usually with interest.
Synonyms
Examples of usage
- The borrower failed to make the monthly payments on time.
- The bank approved the loan application from the borrower.
library
A person who takes books or other materials to read or use from a library, with the understanding that they will be returned.
Synonyms
book borrower, library user, reader
Examples of usage
- The library has a strict policy for borrowers regarding overdue books.
- As a frequent borrower, she enjoys exploring different genres.
Translations
Translations of the word "borrower" in other languages:
🇵🇹 mutuário
🇮🇳 उधारकर्ता
🇩🇪 Kreditnehmer
🇮🇩 peminjam
🇺🇦 позичальник
🇵🇱 pożyczkobiorca
🇯🇵 借り手 (かりて)
🇫🇷 emprunteur
🇪🇸 prestatario
🇹🇷 borçlu
🇰🇷 대출자 (daechulja)
🇸🇦 المقترض
🇨🇿 dlužník
🇸🇰 dlžník
🇨🇳 借款人 (jièkuǎnrén)
🇸🇮 posojilojemalec
🇮🇸 lánþegi
🇰🇿 қарыз алушы
🇬🇪 სესხის განმცხადებელი
🇦🇿 borcalan
🇲🇽 prestatario
Word origin
The word 'borrower' originated from the Old English word 'borgan', which means 'to borrow'. The concept of borrowing money or items has been around for centuries, with various forms of lending and borrowing seen throughout history. In modern times, borrowing plays a crucial role in finance, economics, and everyday transactions.