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When you borrow money, it is typically referred to as taking out a loan. The amount borrowed is known as the principal, and it often comes with an agreement to repay the money with interest over a specified period. This process can occur through various means, such as personal loans, mortgages, or credit lines.
What else can I help you with?
The amount of money you borrowed is called the what?
The original amount of money borrowed is known as the principal.
What refers to the original amount of money borrowed?
The original amount of money borrowed is known as the principal.
Do you have to pay taxes on money borrowed against paid up life insurance?
Borrowed money is not taxable.
Is borrowed money taxable in US?
No the borrowed money would not be taxable income to you that you would report on your 1040 federal income tax return as income in the year that the amount is borrowed.
What is borrowed money called?
Debt.
Not responsible payer by borrowed money can you call estafa?
Yes, you can call Esta fa if that's what you are saying.
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.
The amount of money you borrowed is called the what?
The original amount of money borrowed is known as the principal.
What did Germany do in order to pay its war debt?
borrowed more money
What refers to the original amount of money borrowed?
The original amount of money borrowed is known as the principal.
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 s loan?
A Loan is to borrow something as in money and in the future you give the amount of money that you borrowed to the person that you borrowed the money from.
Do you have to pay taxes on money borrowed against paid up life insurance?
Borrowed money is not taxable.
How did lcp get money?
They borrowed the money of your nan.
Word meaning the sum charged for borrowed money?
The money being borrowed is the "principal." The sum charged for borrowing the money is the "interest."
Do i still have to pay the lien even if i don't want the car?
If you borrowed money to purchase a car then you are required to pay it back.If you borrowed money to purchase a car then you are required to pay it back.If you borrowed money to purchase a car then you are required to pay it back.If you borrowed money to purchase a car then you are required to pay it back.
What is another name for borrowed money?
loaned money
