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 ?
According to the separation agreement USA Truck filed with the Securities & Exchange Commission on Tuesday, Borrows will receive severance pay for 18 months equal to his base salary of $300,000.
We are well aware of workers who borrow from money lenders of the informal sector that the terms can be onerous in terms of interest and fees.
The probability that the bank borrows in any state h = 1,2,3,4 is [E.
But as states and the federal government reduced their commitment to student aid, students had no choice but to borrow more.
Finally, it is important to note that most jurisdictions have ruled that even when the borrowing statute is triggered, they will not borrow a statute of limitation longer than the limitation period of the forum state.
Perhaps the most notable legislation affecting the discount window has been the Depository Institutions Deregulation and Monetary Control Act of 1980, which dramatically expanded the universe of depository institutions eligible to borrow at the discount window.
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.
It is assumed that, at any date, future states in which the bank borrows from the Discount Window exist with positive probability.
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.
Borrows as Manager, Corporate and Program Operations, effective February 1st.
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.