- borrowing
- A futures trade on the LME involving the buying of near dated contracts and the selling of long dated contracts. An example of a 'carry' ( carrying). The equivalent of an intramarket spread trade sometimes known as 'buying the spread'. Dresdner Kleinwort Wasserstein financial glossary
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borrowing bor‧row‧ing [ˈbɒrəʊɪŋ ǁ ˈbɑːroʊ-, ˈbɔː-] noun [uncountable]1. when a person, company, or country borrows money, or the amount of money that is borrowed:• Interest rates are low and borrowing is cheap.
• Israel relies heavily upon foreign aid and borrowing to maintain its economy.
ˈbank ˌborrowing [uncountable]when people or companies borrow from banks, rather than using other forms of finance, such as shares or bonds:• Parker said it will finance the acquisition partly through bank borrowing.
conˌsumer ˈborrowing [uncountable]borrowing by people for their own spending, rather than by businesses:• Consumer borrowing went down in February.
ˌcorporate ˈborrowing [uncountable]borrowing by businesses rather than by individuals:• An increase in corporate borrowing can be a good sign because it means companies are preparing for more demand for their own products and services.
disˈtress ˌborrowing [uncountable]when a person or company is forced to borrow money because they are in need of money or just in order to keep going or keep trading:• A rise in interest rates, particularly if it deepens a recession, may force many firms into distress borrowing merely to survive.
ˌfederal ˈborrowing[uncountable] borrowing by the US government:• Federal borrowing has increased in the last decade.
ˌgovernment ˈborrowing [uncountable]borrowing by a government in a particular country:• The chancellor shocked analysts with the news that government borrowing would double to £28 billion next year.
2. borrowings [plural] the amount of money that a company or organization has borrowed:• The group has completed a refinancing programme to reduce borrowings by £5.8 million to £6.9 million.
ˌnet ˈborrowings [plural]the difference between the amount a business has borrowed and the amount it has in cash:• The new share issue will reduce Sainsbury's net borrowings to about 13% of shareholders' funds from 44%.
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borrowing UK US /ˈbɒrəʊɪŋ/ US /ˈbɑːroʊ-/ noun [C or U] FINANCE, BANKING► the act of borrowing money or the amount of money that a person, company, government, etc. borrows: »Deficit spending and foreign borrowing are reaching levels that could threaten the nation's future growth.
»Credit card borrowing was down £400,000 in November.
short-term/medium-term/long-term borrowing »An overdraft is not suitable for long-term borrowing.
reduce/cut/control borrowing »Government debt interest is projected to flatten out as borrowing is reduced.
increase/encourage borrowing »Low interest rates encourage borrowing, thereby stimulating demand for goods.
→ See also BANK BORROWING(Cf. ↑bank borrowing), CONSUMER BORROWING(Cf. ↑consumer borrowing), CORPORATE BORROWING(Cf. ↑corporate borrowing), FEDERAL BORROWING(Cf. ↑federal borrowing), GOVERNMENT BORROWING(Cf. ↑government borrowing), MORTGAGE BORROWING(Cf. ↑mortgage borrowing), PUBLIC BORROWING(Cf. ↑public borrowing)
Financial and business terms. 2012.