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nothing you borrow it and you pay it back in a certin amount of time in smaller amounts
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∙ 13y ago
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What is the cost of borrowing for large us corporations?
When corporations borrow money they usually borrow from investors. When they do this, they are selling pieces of their business.
Was the country bankrupt after Civil war?
Yes the cost of the war caused the country to borrow money .
Is borrowed money taxable?
Money that is borrowed is not taxable. If you borrow it and don't pay it back, it can be classified as income and be subject to income tax. If you borrow money and are not being charged interest, the government will consider the cost of interest to be income that is taxed.
Did Bill Gates borrow any money while starting his business?
It actually cost very little money to enter the software business in the 1970s. However, as the business began to grow, Bill Gates did borrow some money for promotion and advertising.
Can I borrow money from a lawyer?
Well, you can borrow money from anyone if they agree to loan it to you.
Can you borrow money from your pension plan?
Can you borrow against money from your pension plan?
What is a down payment on a house?
Most people borrow money from a bank when they want to buy a house, but they usually do not borrow 100% of the cost of the house. They usually do have some money to apply toward the cost of the house, and that amount is called a down payment. So to buy a house costing $200,000 a person might make a down payment of $50,000 and then borrow the remaining $150,000.
Why do farmers borrow money from the money lenders?
farmers have to borrow money to purchase seeds,fertilizers and pesticides.
When you buy U.S. government savings bond your doing so under the power given to the congress to?
The power that is given to congress is the ability to borrow money.
The best time for people to borrow money is when?
this is from social studies.the best time for people to borrow money is when
When you borrow money do you incur debt savings budgets or assets?
When you borrow money you incur debt.
Can states borrow money?
yes. states can borrow money from citizens through government bonds
