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Someone who borrows money is typically referred to as a borrower. This individual or entity takes out a loan or credit from a lender, agreeing to repay the borrowed amount, often with interest, over a specified period. Borrowers can range from individuals seeking personal loans to businesses financing operations or projects. The borrowing arrangement is usually formalized through a loan agreement outlining the terms and conditions.
What else can I help you with?
What are the advantages of borrowing?
If someone borrows your money, you can charge them interest depending on how much they borrowed, and how long it takes them to pay it back.
What is a person that borrows money from a bankfw?
A banker
In a mortgage who is the mortgagee?
The lender is the mortgagee. The person who borrows the money is the mortgagor.
When a business borrows money from the bank do liabilities increase?
Yes, unless the money is used to reduce existing liabilities
Who is small borrower?
Oh, dude, a small borrower is like someone who borrows a small amount of money. It's not rocket science, it's just someone who needs a little cash injection. Like, don't stress about it, man, we're not talking about big-time loans here. Just someone trying to make ends meet, ya know?
What are the advantages of borrowing?
If someone borrows your money, you can charge them interest depending on how much they borrowed, and how long it takes them to pay it back.
When the government borrows money it must pay this?
Interest on the money
What do you call a son who borrows money?
greedy.
What is a person that borrows money from a bankfw?
A banker
Who borrows money?
Everybody borrows money from everybody. bank loans. you wanna borrow money from me? >) dont worry. i would charge you to little tax! maby 100%? yeah. that's not bad >)
Why does house MD have money problems?
He doesn't. He borrows money to see how much he is worth to people
In a mortgage who is the mortgagee?
The lender is the mortgagee. The person who borrows the money is the mortgagor.
What is the person called if he borrows money but does not return?
Hmm, are you thinking a thief ?
When a state government borrows money it is usually done in what form?
Bonds
What exactly is an I savings bond?
A saving bond is a securable place for someone to put their money without a work of losing it. The government borrows from it which is how interest is accumulated, so the money must stay their a certain amount of time.
Who is liable if someone borrows your car and gets in an accident?
The fault lies with the vehicle that cause the accident. When someone borrows a car, the car owner can be liable because the allowed someone to drive the vehicle. Often this type of accident has to be sorted out in court.
What is the name of the lady that borrows money in the movie Its a Wonderful Life?
Violet Biggs
