| 1. | zombie borrower | ||
|
A person with a loan (or mortgage), who hasn't been able to pay the instalments on time. In such case the bank may or may not change the conditions of the repayment to slightly more favourable ones. Because the borrower might not be able to pay back the loan, the loan contract is half dead. Like a zombie. Bank employee 1: I don't get you, is this a risky loan, or is the guy paying the instalments on time?
Bank employee 2: He has barely paid any instalment on time, he is a proper zombie borrower. |
|||
| 2. | Arrietty | ||
|
1. A girl from a series by Mary Norton about borrowers. Her full name is Arrietty Clock. 2. The main character in Studio Ghibli's "The Borrower Arrietty" animation. She is a borrower. Borrowers are tiny people, around 4 to 5 inches tall (during adulthood). They quietly pilfer little unneeded objects from your house at night. P1: Guess what the movie "The Borrower Arrietty" is about!
P2: ... |
|||
| 3. | Tom | ||
|
A soggy borrower
Characterised by short legs and Kenickie style hair cut. Known to be a massive wet fish. Frequently seen if you've got a magnifying glass handy. "Oh look over there at that boy, he looks like such a Tom, the poor soggy borrower!"
"Uh oh, I've just dropped my soggy borrower in my brew" |
|||
| 4. | cosign | ||
|
- to agree to assume the payments on a loan to a hard lender such as a bank, not if but when, the borrower defaults on the loan. "You realize Mr Snodgrass, that you are liable for the full payment of this loan or any unpaid balance thereof, should the borrower fail to meet his contractual obligations? And we're betting that he will based on his financial profile.
|
|||
| 5. | FB | ||
|
Fucked Borrower. Very widely used in real estate blogs and informal circles. Refers to a formerly credit-rich but resource-strapped consumer who's collateral, savings, and foreseeable future income are below the value and terms of a loan they cannot sustain, refinance, or renegotiate. FB's face a bleak future of certain losses, and nearly certain bankruptcy, credit destruction, and long term cascading/follow-on financial and opportunity losses. All those FBs and their greedy idiot lenders who bought houses with 100% down NINJA adjustable-rate mortgages in the so-called housing boom are dropping like flies!
|
|||
| 6. | ear-biter | ||
|
Persistent borrower (as cited in Routledge Dictionary of Slang and others) In the House of Lords, he was surrounded by what the old racing crowd used to call "ear-biters and getabits and chancers".
|
|||
| 7. | dutch borrower | ||
|
A person who takes your things from you and never returns them. That Jake Persoon is such a dutch borrower, I let him use my netflix account, but he still hasn't paid me the 15 dollars he owes me for it.
|
|||
