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borrowing
In finance, receiving money on loan. Companies borrow money in a variety of ways, including loans and overdrafts from banks and other lending institutions, bills of exchange, debentures, and trade credits. Individuals can borrow typically through loans, overdrafts, mortgages on property, credit cards, and hire purchase.
From the Hutchinson Encyclopedia of World History. © Research Machines plc [2006] All Rights Reserved, Helicon Publishing is a division of Research Machines.
1776: United States declares independence
After a decade of economic conflict with Great Britain, the 13 colonies answer King George III's... More >
After a decade of economic conflict with Great Britain, the 13 colonies answer King George III's... More >
Ancient Chinese Sports
Catapulting viewers into a sporting world that few knew existed, a world that thrived centuries... More >
Sat 4 Jul 9.00pm |
The Plague (Part 2 of 2)
In 1437, the worst biological disaster in history swept... More >
Sat 4 Jul 10.00pm |