Borrower in United States
Borrower Definition
He to whom a thing l8 lent at his request. As used in usury laws, it includes any person who is a party to the original contract, or in any way liable to pay the loan. 64 N. Y. 247; 65 N. Y. 432; 11 Wend. (N. Y.) 329; 7 Hill (N. Y.) 391; 75 N. Y. 516, 523, 31 Am. Rep. 484, reversing 10 Hun, 468. In general, he has the right to use the thing borrowed, himself, during the time and for the purpose intended between the parties. He 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 condition at the proper time. See “Bailment;” Story, Bailm. § 268; 2 Kent, Comm. 446-449; 1 Bouv. Inst. 1078-1090.
Borrower in Foreign Legal Encyclopedias
| Link | Description |
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| Borrower | Borrower in the World Legal Encyclopedia. |
| Borrower | Borrower in the European Legal Encyclopedia. |
| Borrower | Borrower in the Asian Legal Encyclopedia. |
| Borrower | Borrower in the UK Legal Encyclopedia. |
| Borrower | Borrower in the Australian Legal Encyclopedia. |
For starting research in the law of a foreign country:
Browse the American Encyclopedia of Law for Borrower
Scan Borrower in the appropriate area of law:
| Link | Description |
|---|---|
| Borrower | Borrower in the Family Law Portal of the American Encyclopedia of Law. |
| Borrower | Borrower in the IP Portal of the American Encyclopedia of Law. |
| Borrower | Borrower in the Commercial Law Portal of the American Encyclopedia of Law. |
| Borrower | Borrower in the Criminal Law Portal of the American Encyclopedia of Law. |
| Borrower | Borrower in the Antritrust Portal of the American Encyclopedia of Law. |
| Borrower | Borrower in the Bankruptcy Law Portal of the American Encyclopedia of Law. |
| Borrower | Borrower in the Constitutional Law Portal of the American Encyclopedia of Law. |
| Borrower | Borrower in the Tax Law Portal of the American Encyclopedia of Law. |
| Borrower | Borrower in the and Finance and Banking Portal of the American Encyclopedia of Law. |
| Borrower | Borrower in the Employment and Labor Portal of the American Encyclopedia of Law. |
| Borrower | Borrower in the Personal Injury and Tort Portal of the American Encyclopedia of Law. |
| Borrower | Borrower in the Environmental Law Portal of the American Encyclopedia of Law. |
Explore other Reference Works
| Resource | Description |
|---|---|
| Borrower in the Dictionaries | Borrower in our legal dictionaries |
| http://lawi.us/borrower | The URI of Borrower (more about URIs) |
| Borrower related entries | Find related entries of Borrower |
Legal Issue for Attorneys
He to whom a thing l8 lent at his request. As used in usury laws, it includes any person who is a party to the original contract, or in any way liable to pay the loan. 64 N. Y. 247; 65 N. Y. 432; 11 Wend. (N. Y.) 329; 7 Hill (N. Y.) 391; 75 N. Y. 516, 523, 31 Am. Rep. 484, reversing 10 Hun, 468. In general, he has the right to use the thing borrowed, himself, during the time and for the purpose intended between the parties. He 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 condition at the proper time. See “Bailment;” Story, Bailm. § 268; 2 Kent, Comm. 446-449; 1 Bouv. Inst. 1078-1090.
Notice
This definition of Borrower is based on The Cyclopedic Law Dictionary. This entry needs to be proofread.
Borrowers Certificate and Tax Law
There are more details about Borrowers Certificate in thetax compilation of the legal Encyclopedia.
Exercise of Undue Control by a Lender Over a Borrower
This section discusses generally the subject of Exercise of Undue Control by a Lender Over a Borrower, how to determine the facts essential to Exercise of Undue Control by a Lender Over a Borrower, and, to some extent, how to prove it in litigation and defense. Related topics are also addressed.