Definition of “borrower” - English Dictionary


“borrower” in Business English

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borrowernoun [ C ]

uk /ˈbɒrəʊər/ us

FINANCE, BANKING a person, company, government, etc. that borrows money:

Naturally, defaults by corporate borrowers increased when the economy turned down.
House prices have recently been falling and many mortgage borrowers are finally feeling the pinch after five interest rate rises in nine months.
new/existing borrowers

(Definition of “borrower” from the Cambridge Business English Dictionary © Cambridge University Press)