InvestorWords.com
borrow
Definition
To receive something of value with the promise of giving something of (usually greater) value at some point in the future.
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Featured Tip
How Non-Recourse Debt Can Be Safe and Recourse Debt Can Be DangerousLeverage does not have to be dangerous. Non-recourse debt on an asset can serve to make a large purchase more affordable. Taking out a non-recourse loan on an already owned asset can actually reduce r ... Read more
Additional Tip(s)
- How to Build a "Rainy-Day" Fund
- Borrowing Against Your Home (aka, Reverse Mortgages)
- Borrowing Against Your Home for College
- How to Be Extra Cautious When You Urgently Need Money
- Corporate Debt as an Economic Indicator
- How Younger Adults Can Avoid Defaulting on Loans
- Preventing Overdraft Charges on Your Checking Account
- Borrowing from Pessimists
- Living Within Your Income
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