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 ?
Example 2: The facts are the same as in Example 1, except that D borrows from X to start an LLC with an unrelated person.
If the policyowner borrows an amount that exceeds the total of three years' premiums, then the four-out-of-seven rule has been violated, irrespective of when the borrowing occurred during the period.
And the typical law student borrows $40,300 to get through law school, up from $30,300 in 1993.
Louisiana borrows a foreign jurisdiction's limitation period only in actions founded upon contract or to enforce prior judgments.
The Board generally incurs a potential liability to the FDIC if an undercapitalized institution borrows for more than 60 days in any 120-day period.
Most of the difference occurs because our government prefers not to count money it borrows from its own retirement trust funds as debt," or interest it pays to these trust funds for past borrowings as an expense,
The proposed regulations address an inappropriate income exclusion under the current regulations, occurring when a corporation borrows funds from a third party, then lends them to a related affiliate to invest in tax-exempt obligations.
It earns returns on the spread between the yield on its assets and its costs, including the interest expense on the funds it borrows.
During her job interview with Carrie, she mentions that she borrows her designer handbags directly from Bag Borrow or Steal.
Some practitioners argue that if a GRAT/GRUT borrows from a third party and uses the proceeds to satisfy an annuity or unitrust payment, such borrowing should not violate the proposed regulations.
Borrows as Manager, Corporate and Program Operations, effective February 1st.