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Definitions
borrower
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Borrower
[
bor
-oh
,
bawr
-oh
]
Borrower
[
bor
-oh
,
bawr
-oh
]
Show IPA
/
ˈbɒr
oʊ
,
ˈbɔr
oʊ
/
Show Spelled
In
finance
, a
Borrower
is the party in a
loan agreement
which receives money or other instrument from a
lender
and promises to repay the lender in a specified time.
Wikipedia, the free encyclopedia © 2001-2006
Wikipedia contributors
(
Disclaimer
)
This article is licensed under the
GNU Free Documentation License
.
Last updated on Monday September 01, 2008 at 01:45:18 PDT (GMT -0700)
View this article at Wikipedia.org
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HighBeam Research, Inc. © Copyright 2009.
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