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 ?
That's put the cat among the pigeons, with Network Rail depending on huge borrowings to carry out electrification.
During the same quarter of the last fiscal, the government's borrowings from the SBP were negative Rs271bn.
That means in fact that foreign borrowings will become more expensive and creates room for higher domestic borrowing through securities, which is not in the interest of the business community, analysts comment.
Registrants would be required to provide in the MD&A disclosure (1) the amount in each specified category of short-term borrowings at the end of the reporting period and the weighted average interest rate on those borrowings; (2) the average amount in each specified category of short-term borrowings for the reporting period and the weighted average interest rate on those borrowings; (3) for registrants meeting the proposed definition of "financial company,'' the maximum daily amount of each specified category of short-term borrowings during the reporting period; and (4) for all other registrants, the maximum month-end amount of each specified category short-term borrowings during the reporting period.
Recently, the IASB has revised its guidance for interest capitalization in IAS 23, Borrowing Costs, to more closely conform to the U.
Mosaic considers the prepayments to be a significant step in its plan to reduce outstanding borrowings, strengthen its balance sheet, and achieve investment grade credit ratings.
Mortgaged households are cutting back on credit card borrowing as the appetite for unsecured debt diminishes, according to a report.
A report for IFA Promotion, the organisation that promotes the benefits of independent financial advice, found that savings are greater than borrowing, by the greatest ratio since 2001.
This can be established by (1) borrowings directly traceable to exempt investments (i.
In reality, borrowing to pay premiums reduces the death benefit.
The borrowing behavior of banks at the Federal Reserve's discount window is a component of most models of the monetary sector, including the model used by the Federal Reserve.
The proposed rules dealing with borrowings for the purpose of distribution are of primary concern.