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When a person borrows money what is the original amount of the loan called?

The original amount of the loan is called principal.


What is a person that borrows money from a bankfw?

A banker


What is a person who borrows money called?

A person who borrows money is called a borrower. Borrowers can take out loans from various sources, such as banks, credit unions, or individuals, and are typically required to repay the borrowed amount along with interest. In legal terms, they may also be referred to as the debtor.


What are tax return loans?

Tax return loans are when an individual borrows an amount of money against their tax return.


What is the meaning of pro note?

If any person borrows any thing like money or any valuable property for a certain period. in such transaction when the debter writes a letter acknowledging his debt and stating that when he will return money. this written thing is called pronote. zohaib raza


In a mortgage who is the mortgagee?

The lender is the mortgagee. The person who borrows the money is the mortgagor.


What is mortagee means?

Person that borrows money usually from bank to purchase home


What is the meaning of note?

If any person borrows any thing like money or any valuable property for a certain period. in such transaction when the debter writes a letter acknowledging his debt and stating that when he will return money. this written thing is called pronote. Hafiz Aqeel Ahmad Qila Ahmad Abad


What is a person called who borrows money from others?

A person who borrows money from others is commonly referred to as a "borrower." This individual typically seeks a loan or credit to meet financial needs, with the expectation of repaying the borrowed amount, often with interest, over a specified period. In legal and financial contexts, borrowers may also be referred to as "debtors."


When a country or a person borrows money to pay yearly debt they are involved in this type of spending?

deficit spending


When the federal governments spends more money than it takes in it borrows money to make up the difference. what is this called?

Deflicit financing


The practice by which the buyer uses some of his or her own money to buy stock and borrows the rest from a broker is called?

Margin