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A person who borrows money from others is commonly referred to as a "borrower." This individual typically seeks a loan or credit to meet financial needs, with the expectation of repaying the borrowed amount, often with interest, over a specified period. In legal and financial contexts, borrowers may also be referred to as "debtors."
What else can I help you with?
When a person borrows money what is the original amount of the loan called?
The original amount of the loan is called principal.
What is a person that borrows money from a bankfw?
A banker
What is a person who borrows money called?
A person who borrows money is called a borrower. Borrowers can take out loans from various sources, such as banks, credit unions, or individuals, and are typically required to repay the borrowed amount along with interest. In legal terms, they may also be referred to as the debtor.
What is person who buys goods on credit or borrows money called?
A person who buys goods on credit or borrows money is typically referred to as a borrower or a debtor. This individual takes on a financial obligation to repay the borrowed amount, often with interest, over a specified period. In the context of credit purchases, they may also be called a credit consumer.
In a mortgage who is the mortgagee?
The lender is the mortgagee. The person who borrows the money is the mortgagor.
What is the person called if he borrows money but does not return?
Hmm, are you thinking a thief ?
When a person borrows money what is the original amount of the loan called?
The original amount of the loan is called principal.
What is a person that borrows money from a bankfw?
A banker
What is a person who borrows money called?
A person who borrows money is called a borrower. Borrowers can take out loans from various sources, such as banks, credit unions, or individuals, and are typically required to repay the borrowed amount along with interest. In legal terms, they may also be referred to as the debtor.
What is person who buys goods on credit or borrows money called?
A person who buys goods on credit or borrows money is typically referred to as a borrower or a debtor. This individual takes on a financial obligation to repay the borrowed amount, often with interest, over a specified period. In the context of credit purchases, they may also be called a credit consumer.
In a mortgage who is the mortgagee?
The lender is the mortgagee. The person who borrows the money is the mortgagor.
What is mortagee means?
Person that borrows money usually from bank to purchase home
What is a debtor?
A person who owes something to others is called as debtor or a person who owes money or money's worth to others. By- Nalini & Raje
When a country or a person borrows money to pay yearly debt they are involved in this type of spending?
deficit spending
What a person called as one who gives money or help to others?
benefactor
What a person called as one who gives money or help others?
benefactor
When the federal governments spends more money than it takes in it borrows money to make up the difference. what is this called?
Deflicit financing
