borrower

3 definitions found

borrower - Collaborative International Dictionary of English v.0.48 :

  Borrower \Bor"row*er\, n.
     One who borrows.
     [1913 Webster]
  
           Neither a borrower nor a lender be.      --Shak.
     [1913 Webster]

borrower - WordNet (r) 2.1 (2005) :

  borrower
      n 1: someone who receives something on the promise to return it
           or its equivalent [ant: lender, loaner]

borrower - Bouvier's Law Dictionary, Revised 6th Ed (1856) :

  BORROWER, contracts. He to whom a thing is lent at his request.
       2. The contract of loan confers rights, and imposes duties on the 
  borrower' 1. In general, he has the right to use the thing borrowed, during 
  the time and for the purpose intended between the parties; the right of 
  using the thing bailed, is strictly confined to the use, expressed or 
  implied, in the particular transaction, and by any excess, the borrower will 
  make himself responsible. Jones' Bailment, 58 6 Mass. R. 104; Cro. Jac. 244; 
  2 Ld. Raym. 909; Ayl. Pand. B. 4, t. 16, p. 517; Domat, B. 1, t. 5, Sec. 2, 
  n. 10, 11, 12; Dio. 13, 6, 18 Poth. Pret a Usage, c. 2, Sec. 1, n. 22; 2 
  Bulst. 306; Ersk. Pr. Laws of ScotI. B. 3, t. 1, Sec. 9; 1 Const. Rep. So. 
  Car. 121 Bracton, Lib. 3, c. 2, Sec. l, p. 99. The loan is considered 
  strictly personal, unless, from other circumstances, a different intention 
  may be presumed. 1 Mod. Rep. 210;  S. C. 3 Salk. 271. 
       3. - 2. The borrower is bound to take extraordinary care of the thing 
  borrowed; to use it according to the intention of the lender, to restore it 
  in proper time; to restore it in a proper condition. Of these, in their 
  order. 
       4. - 1. The loan being gratuitous, the borrower is bound to 
  extraordinary diligence, and is responsible for slight neglect in relation 
  to the thing loaned. 2 Ld. Raym. 909, 916 Jones on Bailm. 65; 1 Dane's Abr. 
  c. 17, art. 12; Dig. 44, 73 1, 4; Poth. Pret. a Usage, c. 2, Sec. 2, art. 
  21, n. 48. 
       5. - 2. The use is to be according to the condition of the loan; if 
  there is an excess in the nature, time, manner, or quantity of the use, 
  beyond what may be inferred to be within the intention of the parties, the 
  borrower will be responsible, not only for any damages occasioned by the 
  excess, but even for losses by accidents, which could not be foreseen or 
  guarded against. 2 Ld. Raym. 909; Jones on Bailm. 68, 69. 
       6. - 3. The borrower is bound to make a return of the thing loaned, at 
  the time, in the place, and in the manner contemplated by the contract.. 
  Domat, Liv. 1, t. 5, Sec. 1, n. 11; Dig. 13, 6, 5, 17. If the borrower does 
  not return the thing at the proper time, he is deemed to be in default, and 
  is generally responsible for all injuries, even for accidents. Jones on 
  Bailm. 70; Pothier, Pret a Usage , ch. 2, Sec. 3, art. 2, n. 60; Civil Code 
  Of Louis. art. 2870; Code Civil, art. 1881; Ersk. Inst. B. 3, t. 1, Sec. 22 
  Ersk. Pr. Laws of Scotl. B. 3, t. 1, Sec. 9. 
       7. - 4. As to the condition in which the thing is to be restored. The 
  borrower not being liable for any loss or deterioration of the thing, unless 
  caused by his own neglect of duty, it follows, that it is sufficient if he 
  returns it in the proper manner, and at the proper time, however much it may 
  be deteriorated from accidental or other causes, not connected with any such 
  neglect. Story on Bailm. eh. 4, Sec. 268. See, generally, Story on Bailm. 
  oh. 4; Poth. Pret A Usage; 2 Kent, Com. 446-449; Vin. Abr. Bailment, B 6; 
  Bac. Abr. Bailment; Civil Code of Louis. art. 2869-2876; 1 Bouv. Inst. n. 
  1078-1090. Vide Lender.