borrower bor‧row‧er [ˈbɒrəʊə ǁ ˈbɑːroʊər, ˈbɔː-] noun [countable]
someone who has borrowed money, especially from a bank or building society:
• Borrowers pay 14% interest, due to rise to 15.5% on 1 November.
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borrower UK US /ˈbɒrəʊər/ noun [C]
► 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
Financial and business terms. 2012.