Borrower for Dummies
noun
pronunciation: 'bɑroʊɝrWhat does Borrower really mean?
Hey there! So, a "borrower" is someone who takes something from someone else with the intention of giving it back later. It's like when you ask your friend if you can borrow their pencil for a little while, and then you give it back when you're done using it. That makes you the borrower in that situation.
But the word "borrower" can also mean someone who gets money from a bank or a lender with the promise of paying it back later. So, if you ask the bank for a loan to buy a car or a house, you become the borrower because you are "borrowing" the money with the agreement to pay it back over time.
So, in simple terms, a borrower is someone who takes something from someone else with the intention of giving it back later, whether it's an object like a book or a toy, or money in the form of a loan. It's all about temporarily using something that doesn't belong to you, with the understanding that you'll return it or repay it. Does that make sense?
But the word "borrower" can also mean someone who gets money from a bank or a lender with the promise of paying it back later. So, if you ask the bank for a loan to buy a car or a house, you become the borrower because you are "borrowing" the money with the agreement to pay it back over time.
So, in simple terms, a borrower is someone who takes something from someone else with the intention of giving it back later, whether it's an object like a book or a toy, or money in the form of a loan. It's all about temporarily using something that doesn't belong to you, with the understanding that you'll return it or repay it. Does that make sense?
Revised and Fact checked by Emma Williams on 2023-11-15 02:22:16
Borrower In a sentece
Learn how to use Borrower inside a sentece
- Tom is a borrower. He asked to borrow a pencil from his friend for the exam.
- The library is full of borrowers who come to check out books for their research.
- My sister is a frequent borrower at the local video rental store.
- The bank lends money to borrowers who need to buy a new house.
- As a borrower, it's important to repay the money you borrow on time to avoid extra fees and interest.
Borrower Antonyms
Words that have the opposite context of the original word.
Borrower Hypernyms
Words that are more generic than the original word.
Borrower Hyponyms
Words that are more specific than the original word.