Meaning of the word borrowers in English
What does borrowers mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
borrowers
US /ˈbɑːr.oʊ.ərz/
UK /ˈbɒr.əʊ.ərz/
Plural Noun
people or organizations that take money from a bank or other financial institution with the intention of repaying it, usually with interest
Example:
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The bank is offering new loan products to attract more borrowers.
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Many first-time borrowers struggle to understand the terms and conditions of their loans.