Business Dictionary :

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Borrow : verb : to take money from someone for a time possibly paying interest for it and repaying it at the end of the period

• He borrowed £1,000 from the bank.

• The company had to borrow heavily to repay its debts.

• They borrowed £25,000 against the security of the factory.

• To borrow short or long = to borrow for a short or long period

Borrower : noun : person who borrows

• Borrowers from the bank pay 12% interest.

Borrowing : noun : Action of borrowing money

• The new factory was financed by bank borrowing.

Borrowing Power = amount of money which a company can borrow

Borrowings = money borrowed

• The company's borrowings have doubled.

Bank Borrowings = loans made by banks

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