Borrowed Time is the second studio album by British heavy metal band Diamond Head.

In a 2008 interview, guitarist Brian Tatler said that this was his favourite period with Diamond Head and that the band "seemed to be getting somewhere after six years of building".

Originally, Borrowed Time was only released on CD in Japan, making it a highly collectible item.

This album saw the band move away from all-out heavy riffs and towards softer and more progressive songs, such as "In the Heat of the Night" and "Don't You Ever Leave Me", which was well-received by fans, as the former has remained a regular in the live set list to date.

The album failed to live up to prior expectations as the band's more commercial take to their music turned out to be a disappointment to critics.