noun
A somewhat formal or businesslike term for rent, often used in contracts or official contexts. In everyday conversation, 家賃 (やちん) is more common for housing rent.
契約書には借料の支払い条件が明記されている。
The contract clearly states the terms for payment of the rental fee.
駐車場の借料は月に1万円です。
The monthly rent for the parking lot is 10,000 yen.