borrower
Loading your saved state.
borrower
A person, company, or institution that borrows money from a bank or another lender and undertakes to pay it back.
Der Kreditnehmer muss seine finanzielle Situation offenlegen, um den Kredit zu erhalten.
The borrower must disclose their financial situation in order to receive the loan.
The word is made up of 'Kredit' (loan/credit) and 'Nehmer' (taker). A 'Kreditnehmer' (borrower) is therefore literally a person who 'takes' or takes out a loan.
Jeder Kreditnehmer hofft auf niedrige Zinsen.
Every borrower hopes for low interest rates.
The ending '-nehmer' is derived from the verb 'nehmen' (to take) and refers to a person who receives or makes use of something. You can also find it in words like 'Arbeitnehmer' (employee, literally someone who takes work) or 'Teilnehmer' (participant, someone who takes part in something).
Als Arbeitnehmer haben Sie Anspruch auf Urlaub.
As an employee, you are entitled to vacation.
In a financial context, people often describe what a borrower must do or how they are checked. Typical verbs are 'Sicherheiten bieten' (to provide collateral), 'Zinsen zahlen' (to pay interest), or 'geprüft werden' (to be checked/reviewed).
Der Kreditnehmer muss der Bank regelmäßige Einkünfte nachweisen.
The borrower must provide the bank with proof of regular income.
debtor
Both words refer to someone who has to pay money back. Der Kreditnehmer specifically applies when the person received the money as a loan from a bank or another lender. Der Schuldner is more general and also applies to other monetary or service-related debts.
Der Kreditnehmer muss das geliehene Geld in monatlichen Raten zurückzahlen.
The borrower must repay the borrowed money in monthly installments.
Der Schuldner muss die offene Rechnung bis Ende des Monats bezahlen.
The debtor must pay the outstanding bill by the end of the month.
