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 ?
During the April June 2019 quarter, Treasury borrowed $40 billion in privately-held net marketable debt and ended the quarter with a cash balance of $264 billion.
Financial circle believes that once a deal is finalised with IMF, the government would not be able to borrow more as aggressively due to conditionalities on fiscal management.
class="MsoNormalspan xml:lang="EN-GBI'd have been insulted if they told me I could only borrow, say, Sh1,500 or something in that neighbourhood.
A STAGGERING PS1.5bn has been borrowed by Welsh councils since 2015, new data from the Public Works Loan Board (PWLB) has revealed.
However, it surpassed its domestic borrowing target for the same year having borrowed Sh390.2 billion against a target of Sh297.6 billion.
KARACHI -- The government borrowed a total of $1.58 billion during the first four months (July-October) of the current fiscal year.
'If the nation has a budget deficit as has been the case for the past four years, it is inevitable for the government to borrow, and this made the nation's debt profile to be on the rise.
'The adverse effect is obvious, the government will have to borrow and interest rates are higher,' Briones, who served as national treasurer during the Estrada administration, said in a briefing in Malacanang.
Some tough love might be in order to diminish the propensity to borrow.
"Most importantly, consumers should only borrow what they can afford to pay back to avoid getting into financial difficulties."
While the central bank has - in effect - left the private sector to its own foreign borrowing plan and they could borrow how much they want, the monitoring of all government foreign borrowing remains strictly mandatory.
There are seven borrow pits allotted to the contractor (CCC/CSEC Joint Venture) for the construction of Gaborone-Boatle road project.