borrowers
n. countable B2 Upper Intermediate US //ˈbɑɹoʊɝz// UK //bˈɒɹəʊəz// bor·row·ers
n. people who borrow money, usually from a bank or another person, with the promise to pay it back.
n. persons who receive funds under an agreement to repay them, typically with interest. Plural form of 'borrower'.
The bank approved the loan for the borrowers.
First-time borrowers often struggle to understand the fine print in their mortgage contracts.
Lenders assess the creditworthiness of borrowers by examining their income stability, debt-to-income ratio, and historical repayment behavior.