A person that has applied, met specific requirements, and received a monetary loan from a lender. The individual initiating the request signs a promissory note agreeing to pay the lien holder back during a specified timeframe for the entire loan amount plus any additional fees. The borrower is legally responsible for repayment of the loan and is subject to any penalties for not repaying the loan back based on the lending terms agreed upon.
Related information about borrower:
- borrower - definition of borrower by the Free Online Dictionary ...
v. bor·rowed, bor·row·ing, bor·rows. v.tr. 1. To obtain or receive (something) on loan with the promise or understanding of returning it or its equivalent. 2. To adopt ...
- What is borrower? definition and meaning - BusinessDictionary.com
Definition of borrower: An individual, organization or company that is using funds, materials or services on credit. See also borrow, lender, loan.
- The Borrowers - Wikipedia, the free encyclopedia
Arrietty Clock - An adventurous fourteen-year-old Borrower girl who is not ... Pod Clock - Arrietty's father and, according to his wife, the most talented Borrower.
- Loan - Wikipedia, the free encyclopedia
In a loan, the borrower initially receives or borrows an amount of money, called the principal, from the lender, and is obligated to pay back or repay an equal ...
- What is borrower? definition and meaning - InvestorWords.com
Definition of borrower: A person that has applied, met specific requirements, and received a monetary loan from a lender. The individual initiating the request ...
- borrower - Wiktionary
borrower. Definition from Wiktionary, the free dictionary. Jump to: navigation, search ... borrower (plural borrowers). One who borrows. a library borrower's card ...
- The Borrower (1991) - IMDb
Directed by John McNaughton. With Rae Dawn Chong, Don Gordon, Tom Towles, Antonio Fargas. Aliens punish one of their own by sending him to earth.
- Borrower - ECSI
Initially, ECSI assigns each borrower/student a PIN number. This PIN number will act as your password until you change it to a password. Once you have ...