Borrow up means there is a limit to how much you can borrow. "You can borrow up to $500." or "You can borrow up to 3 books at a time in the library." Take out is simply to remove. In most cases borrow and take out do not mean the same thing. When you "take out" money from the bank you are removing money that is yours. When you "borrow" something another person is letting you use it temporarily but you have to give it back to them. There is an exception in the case with money. You can "borrow" money from your parents but you will have to pay them back. You could also use take out in another way. You could "take out a loan" which would be the same as "borrowing" money. Hope this helps explain it a little better. Good luck:) Hope that helps.:)