Differences Between Borrower And Lender
A lender is a person or entity that seeks funds from a lender. A Borrower is a person or financial institution providing monetary credit to the debtor. They must repay the loan amount to the debtor. They have the right to ask for loan repayment from the debtor.
The buyer of a bond is a lender. The seller of a bond is a borrower. The bond buyers pay now in exchange for promises of future repayment—that is, they are lenders. The bond sellers receive money now and in exchange for their promises of future repayment—that is, they are borrowers.