answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: What term is used for money borrowed or lent for a day or overnight?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Call money market - meaning?

Call money market is a short term overnight market where funds are borrowed or lent for a short period of 1 to 15 days at a rate which is called as call money rate.


What is the term used for all of the money borrowed by the government and the interest on the money that is borrowed?

public debt


What is a borrowee?

A borrowee is an individual or a company that borrows money from a borrower, though this term is not correct. The grammatically correct term is borrowed.ex: XYZ lent money to ABC. XYZ sued the borrowed because it was not receiving its capital back.Although a word 'borrowee' is not a correct term, it is sometimes used in financial world of business to describe an entity that an individual or an institution has 'borrowed' money from, NOT the one borrowing who is the 'borrower.'example:A 'borrower,' out of desperation, 'borrowed' money from a 'borrowee' with high interest rate and caused himself to fall into deeper financial trouble.Also, 'borrowed' is not grammatically correct term of either a 'borrowee' or a 'borrower,' but is only a past form of a verb, 'borrow.'


What is the term for buying stock with borrowed money?

Margin.


Which term refers to the predetermined amount an individual must pay for the use of borrowed money?

The predetermined amount an individual must pay for the use of borrowed money is called interest.


What is prepay term?

Most often a "prepay term" is the time in which borrowed money can be paid off either without prepayment penalty or accrued interest or both.


Can a landlord demand a money order overnight for supposed damages without an itemized statement?

It depends on the term of the lease and the type of damages.


What is the term before Easter called?

The day before Easter is simply Easter Saturday. The day before that is Good Friday.


How much do you pay back for payday loans?

It depends on the amount borrowed, the term it is borrowed over and the interest rate charged. Generally you will be charged around £30 per £100 borrowed over a 30 day term.


What does related principals mean?

Related principals means principals that are associated. In term of money, this can be used to mean different amounts of money that are borrowed by one person from one lender which are combined as one principal amount.


Is there overnight parking at Aberdeen Airport?

There is overnight parking at Aberdeen Airport. They have long term and short term parking available for travellers convience and it is very safe at these areas.


Which week follows the first Sunday in lent?

The "First week of Lent" follows the "First Sunday" of Lent. --- Ember Week --- In the Roman Catholic ChurdThe term "Ember Week" fell out of use in the Catholic calendar after the first Vatican Council