B2nounmoneybusiness
US/ˈbɑːr.oʊ.ər/
UK/ˈbɒr.əʊ.ə/
a person or organization that takes money or something else and agrees to give it back
In context
The bank checks that each borrower can afford the monthly payments.
Young borrowers often struggle to repay their student loans.
The library fines borrowers who return books late.
Words that go with borrower
adjective + noun
- potential borrowersBanks check the income of potential borrowers carefully.
- subprime borrowersLoans to subprime borrowers helped cause the 2008 crisis.
- individual borrowersThe new rules protect individual borrowers from hidden fees.
noun + noun
- mortgage borrowerEvery mortgage borrower pays an arrangement fee.
- student borrowerThe average student borrower owes thousands of dollars.
Common mistakes
Incorrect:
The borrower lends money from the bank.Correct: The borrower borrows money from the bank.