BORROWER | English meaning - Cambridge Dictionary
WEBa person or organization that borrows something, especially money from a bank: Banks are encouraging new borrowers. The borrower is charged interest from the time the loan is …
BORROWER | definition in the Cambridge English Dictionary
WEBa person or organization that borrows something, especially money from a bank: Banks are encouraging new borrowers. The borrower is charged interest from the time the loan is …
Borrower Definition & Meaning - Merriam-Webster
WEBThe meaning of BORROW is to receive with the implied or expressed intention of returning the same or an equivalent. How to use borrow in a sentence.
Lenders: Definition, Types, and How They Make Decisions on Loans
WEBAdam Barone. Updated June 08, 2023. Reviewed by. Thomas Brock. What Is a Lender? A lender is an individual, a group (public or private), or a financial institution that makes funds available to...
Borrower - Definition, Meaning & Synonyms | Vocabulary.com
WEBDefinitions of borrower. noun. someone who receives something on the promise to return it or its equivalent. see more.
BORROWER definition and meaning | Collins English Dictionary
WEB5 days ago · A borrower is a person or organization that borrows money. Borrowers and owners pay a subscription to access the service. Collins COBUILD Advanced Learner’s …
What Is A Loan? – Forbes Advisor
WEBApr 7, 2021 · How Loans Work. In general terms, a loan involves borrowing a lump sum from a lender, and making regular (often monthly) payments until the loan is entirely repaid. Beyond repaying the loan...
Borrower Meaning: What Does Borrower Mean On a Loan?
WEBApr 10, 2022 · A borrower is a person or entity that has been given money that must be repaid in the future. When an individual or business needs to buy something that they don’t have the money to pay for, they obtain a loan from a bank and pay the loan back over a set period of time with interest.
What Is A Co-Borrower? A Beginner’s Guide | Rocket Mortgage
WEBMar 8, 2024 · A co-borrower is someone who applies for a loan with you and shares joint responsibility for repaying the loan. Both borrowers on the application are responsible for repayment. Generally, co-borrowers share the title of the home. But this isn’t always the case since the loan and the title are separate.
borrower noun - Definition, pictures, pronunciation and usage …
WEBnoun. /ˈbɒrəʊə (r)/ /ˈbɔːrəʊər/ a person or an organization that borrows money, especially from a bank. The interest rate was raised for borrowers. compare lender Topics Money b1. Join us. Join our community to access the latest language learning and assessment tips from Oxford University Press!
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