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 ?
One reason was that economic reform efforts by the borrowing countries were less vigorous than has been envisaged when Secretary Baker laid out his ideas in Seoul.
The districts are borrowing from 6%-72% of their expected tax levy through the two note issues, with the higher amounts borrowed by the largest districts.
These regulations will provide the territories with greater clarity regarding the operation of their borrowing limits and ensure accurate reporting of borrowing obligations against the borrowing limits.
The sharp increase in consumer credit borrowing was fuelled by a PS1.
Councils asked for extra borrowing powers - and we have delivered.
Shura Council financial and economic affairs committee chairman Khalid Al Maskati urged members to approve the increased borrowing limit, saying that it would be illogical to reject it now since the money has been already borrowed and spent.
KARACHI -- The government's borrowings during the first quarter (July-September) of this fiscal year touched Rs513 billion, the State Bank said.
It's as if Uncle Sam saw no difference between borrowing to go out to dinner and borrowing to buy a house.
The government borrowing from the central bank in the first 9 months of this year fell to Rs 303 billion from over Rs 800 billion.
The Company's borrowing base was increased on the completion of the regular semiannual borrowing base review by Sovereign Bank.
For some taxpayers, these regulations will be seen as welcome guidance; for others, they will put an end to the practice of borrowing from another partner or S shareholder (usually, a majority owner) to acquire an interest in the same activity.
The extraordinary shift in corporate behavior in Japan is shown in the chart, put together from the flow of funds data indicating which sectors of the economy have been saving money (financial surplus), and which sectors have been borrowing and investing money (financial deficit).