The d3dx8bor.dll file is a piece of the Direct3D file of the DirectX package created to work with the Borland C++Builder. This file is required to make DirectX compatible with Borland created applications.
The official release of DirectX 8.1 is not compatible with software created with the Borland C++Builder, so Borland provides developers with these files to release with the software to make it work. Because it is part of a development kit, you may see this file in a variety of programs. An error with this file indicates a problem in your registry. Cleaning your registry will usually fix the problem.
The registry is a database that tracks all the programs installed on your computer and stored the settings Windows needs to run those programs. If your registry has a mistake in it, Windows may not be able to find the files it needs to run your programs, and your software may break.
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