borrower
The recipient of a mortgage loan, who plans to repay it over a set period of time.
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The following dictionary definition list is provided for clarification only. Note that many definitions are not directly applicable to mortgages, loans or other financial terminology in this glossary. Used with permission: WordNet 2.1 Copyright 2005 by Princeton University. All rights reserved.
borrower
Noun: borrower (someone who receives something on the promise to return it or its equivalent)
- borrower -
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