What is the difference between lend and borrow?

Chanel dressLend and borrow are two verbs that are often confused.

Lend means to give something to somebody for a period of time expecting that they will give it back.

eg: Mary is going to lend me her Chanel dress for the party. (=Mary is going to give me me her Chanel dress for the party, then I am going to give it back to her.)

Book readingBorrow means to use something that belongs to someone else and then return it.

eg: I borrowed the book from my sister. (= The book belongs to my sister and I am using it ).

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