Borrow


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Borrow

To obtain or receive money on loan with the promise or understanding that it will be repaid.

Borrow

To receive money from another party with the agreement that the money will be repaid. Most borrowers borrow at interest, meaning they pay a certain percentage of the principal amount to the lender as compensation for borrowing. Most loans also have a maturity date by which time the borrower must have repaid the loan. Borrowing occurs informally from family and friends, at the retail level through a bank, and also on a large scale involving governments and institutional investors.
References in periodicals archive ?
Housing Minister Kris Hopkins today (7 July 2014) confirmed that 15 councils will be able to borrow Au60 million additional funds over the next 2 years to build over 1,000 homes in their area.
A CONTROVERSIAL Royal Decree that allows the government to borrow up to BD5 billion was approved yesterday by the Shura Council.
In the interim budget unveiled in February, the Congress-led government had announced it would borrow Rs5.
This is a private sector company (outside the PSBR) which can borrow on the financial markets if it can show the lenders it has a guaranteed revenue stream for the 30 year duration of the loan.
The figures show that people in Cork city borrow most library books in the country with 6.
In addition to the announcements that the Macedonian government is going to borrow 250 million euros from international financial markets, home borrowings have not stopped either.
SEATTLE, April 16, 2012 /PRNewswire/ -- Bag Borrow or Steal, the online destination for luxury handbag and accessory rentals just made it easier for customers to "borrow" a bag while on the go, with the launch of its new mobile site.
During the height of the financial crisis, banks around the world lined up to borrow money from the discount window of the Federal Reserve.
Banks in Spain are believed to have increased their borrowing from the ECB as financial institutions in the country are finding it difficult to borrow from the international capital markets.
Finance Minister Ingrida Simonyte says that no new bonds will be issued in the coming months; despite the better economic outlook, however, there are still plans to borrow around 13 billion litas (3.
In TAM 200604033, the IRS concluded that a VPF was a common law sale at (or near) inception, because the taxpayer (among other things) permitted the counterparty to borrow the shares the taxpayer pledged as collateral.
An original story by Marcie Gilbert and Jamie Green, Zee Adventure One: Borrowing China is a whimsical picturebook about a red-haired, green-eyed girl named Zee who sets out to ask to borrow the country of China for her mother's dinner party, not realizing that her mother just wants to rent fancy plates.