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other people's money |
Also found in: Acronyms, Encyclopedia, Wikipedia | 0.01 sec. |
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Other People's Money Informal term for the use or investment of borrowed funds. For example, a bank uses OPM to lend to its borrowers as the money it uses for loans (theoretically) comes from its deposits. other people's money (OPM) A common expression used when talking about the multiplying effect of using borrowed funds to purchase property rather than paying all cash. Investors will say, “I'm using OPM for the deal.” Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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