Black's Law Dictionary (2nd edition)dictionaries

Borrow

To solicit and receive from another any article of property or thing of value with the intention and promise to re-pay or return it or its equivalent. Strictly speaking, borrowing implies a gratuitous loan; if any price or consideration is to be paid for the use of the property, it is “hir-ing.” But money may be "borrowed" on an agreement to pay interest for Its use. Neel v. State, 33 Tex. Cr. R. 408. 26 S. W. 726; Kent v. Mining Co., 78 N. Y. 177; Legal Ten-der Cases. 110 U. S. 421, 4 Sup. Ct. 122, 28 L. Ed. 204

Source: Black's Law Dictionary 2nd Ed (1910)