Borrow When someone borrows money. or indeed borrows anything. it means they ore taking it with the promise of giving it or paying ft back at a later date. You can borrow money from a friend or from a company, either woy you will be expected to pay them back eventuoily! Loan When you loan something to Someone, you are lending then something for an extended period of time. You may have heard of a ‘bank foan, this is when you borrow money from the bark and then pay it back aver.a longer period of time. Lend When you lend something to someone, you Jer them borravy it. , : , Owe When you owe someone something it means that they have given you something and you need to repay them, For example, after you borrow 50 pounds from someone, you owe them 50 pounds.