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- Dictionaryborrow/ˈbɒrəʊ/
verb
- 1. take and use (something belonging to someone else) with the intention of returning it: "he had borrowed a car from one of his colleagues" Similar
- 2. allow (a certain distance) when playing a shot to compensate for sideways motion of the ball due to a slope or other irregularity.
noun
- 1. a slope or other irregularity on a golf course which must be compensated for when playing a shot.
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3 days ago · Definition of Public Sector Borrowing Requirement. Public Sector Borrowing Requirement (PSBR) refers to the amount of money the government needs to borrow to cover any shortfalls between its expenditures and revenues. It is a crucial aspect of fiscal policy and represents the government’s demand for financial resources from the domestic and ...
4 days ago · Library, traditionally, collection of books used for reading or study, or the building or room in which such a collection is kept. The word derives from the Latin liber, “book,” whereas a Latinized Greek word, bibliotheca, is the origin of the word for library in German, Russian, and the Romance.
3 days ago · In economic policy, austerity is a set of political-economic policies that aim to reduce government budget deficits through spending cuts, tax increases, or a combination of both. [1][2][3] There are three primary types of austerity measures: higher taxes to fund spending, raising taxes while cutting spending, and lower taxes and lower ...
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5 days ago · Simple interest works in your favor when you borrow money, while compound interest is better for you as an investor.
2 days ago · Inflation occurs when there is a general increase in the price of goods and services and a fall in purchasing power. This can benefit borrowers in that it allows them to repay debts with money ...
5 days ago · A business term loan is a type of small business financing that provides a lump sum of money up front you then pay back over a set period of time, called a term. Payments are often monthly but could be weekly, bi-weekly, or even quarterly.
4 days ago · In basic terms, it’s a debt that is owed at some point in the future. While some level of financial liability is essential, if your liabilities significantly exceed your revenue, it could jeopardize your financial stability. The same is true for personal and business finances.