The difference between Borrower and Debtor
When used as nouns, borrower means one who borrows, whereas debtor means a person or firm that owes money.
check bellow for the other definitions of Borrower and Debtor
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Borrower as a noun:
One who borrows.
Examples:
"a library borrower's card"
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Debtor as a noun (economics):
A person or firm that owes money; one in debt; one who owes a debt
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Debtor as a noun (legal):
One who owes another anything, or is under obligation, arising from express agreement, implication of law, or principles of natural justice, to pay money or to fulfill some other obligation; in bankruptcy or similar proceedings, the person who is the subject of the proceeding.