Borrow
When someone borrows money, or
indeed borrows anything, it means
they ore taking it with the promise
of giving it or paying it back ata
later date. You can borraw maney
from a friend or from a company,
either way you will be expected to
pay them back eventually!
Loan
When you loan something to
Someone, you are lending them
something for an extended period
of time. You may have heard of a
‘bank loan, this is when you borrow
money from the bonk and then
pay it back over a longer period of
time.
Lend
When you lend something to
someone, you Jet them borrovy it.
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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 SO pounds.