Borrower: Canada Debt .ca defines Borrower

Bankruptcy Term Borrower

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Canada Debt has the definition to the bankruptcy and debt term Borrower. Finding answers to terms such as Borrower can be difficult, especially if there is more than one definition which is why we have created a page dedicated to financial terms dealing exclusively with debt. Borrower in financial terms means...

In debt and bankruptcy terms, the phrase / term 'Borrower' is used as follows:

Individual or institution receiving funds in the form of a loan and obligated to repay the loan, usually with interest