borrowing
noun [ C or U ]
FINANCE, BANKING uk/ˈbɒrəʊɪŋ/ us/ˈbɑːroʊ-/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
consumer borrowing
corporate borrowing
federal borrowing
government borrowing
mortgage borrowing
public borrowing
borrowings [ plural ]
the amount of money that a person, company, government, etc. borrows:
The chairman recently reported that bank borrowings were down and profits were up eightfold.
repay/clear borrowings Repay personal borrowings first, before borrowings for business purposes.
long-term/short-term borrowings
reduce/cut borrowings
See also
net borrowings