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 ?
'It is out of PTPTN's jurisdiction and function but the CSR approach is taken by PTPTN as part of its efforts assist borrowers find jobs and facilitate their repayment 12 months after finishing their courses,' he added.
The Trump Administration has done everything they can to muzzle the nations top student loan watchdog at the consumer protection agency, and student borrowers have literally paid the priceits time to fight back.
Currently, the federal student loan program offers several different repayment plans, runs multiple and overlapping loan forgiveness programs, and provides numerous opportunities for borrowers to avoid paying their loans.
When borrowers fail to occupy their property as their primary residence, or the borrowers pass away, the loan becomes due and payable..
If borrowers were aware of every option available to them for their repayment, then many would save a lot of money.
remains an outlier in its wide range of options offered borrowers. These include fixed-rate mortgages with terms of 10, 15, 20, 25 and 30 years, and 30-year adjustable-rate mortgages with initial rate periods of 5, 7 and 10 years.
Similarly, in Khyber Pakhtunkhwa (KPK), 76.3 million were paid under claims to 3,026 borrowers while in Balochistan 301 borrowers were paid claims of Rs 6.4 million from 2009 to date under the Scheme.
Those borrowers may be making payments, but they're not large enough to cover all the interest on their loans.
Second, the agency announced a process to proactively identify and assist federal student loan borrowers with disabilities who may be eligible for Total and Permanent Disability (TPD) loan discharge.
These data show that to the extent that there is a crisis, it is concentrated among borrowers who attended for-profit schools and, to a lesser extent, 2-year institutions and certain other nonselective institutions.
Our business depends on borrowers and their willingness to continue to finance their commercial real estate properties with the loans that we service.
The authors suggest that one reason for this pattern is that the number of prime borrowers dwarfs that of subprime borrowers and the other borrower/owner categories they consider.