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The term used for money borrowed or lent for a day or overnight is "overnight loan" or "overnight borrowing." In financial markets, this is often associated with the "overnight rate," which is the interest rate charged for such short-term loans. These transactions are typically used by banks and financial institutions to manage liquidity.
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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 term defines as the money you owe to a person that extended a loan to you?
The term that defines the money you owe to a person who extended a loan to you is "debt." This represents the obligation to repay the borrowed amount, often along with any interest or fees associated with the loan. The individual or entity that lent the money is referred to as the creditor or lender.
What is the term for buying stock with borrowed money?
Margin.
What is the term used for an amount of money borrowed by the government and the interest on the money that is borrowed?
The term used for an amount of money borrowed by the government, along with the interest on that borrowed amount, is called "public debt" or "national debt." This debt arises when a government finances its expenditures by issuing securities, such as bonds, to investors. The interest paid on these securities represents the cost of borrowing.
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 the term for people owing money?
The term for people owing money is "debtors." Debtors are individuals or entities that have borrowed money and are obligated to repay it, often under specific terms and conditions. In a broader context, the term "indebtedness" describes the overall state of owing money.
What is the term for the original amount of money borrowed from a loan?
The term for the original amount of money borrowed from a loan is called the "principal." This is the initial sum that the borrower agrees to repay, excluding any interest or fees. The principal amount is crucial in determining the total repayment amount over the life of the loan.
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.
Which is the market in which money is lent for periods of less than a year?
The market in which money is lent for periods of less than a year is known as the money market. This market facilitates the borrowing and lending of short-term funds, typically with maturities of one year or less. Instruments traded in the money market include Treasury bills, commercial paper, and certificates of deposit. It plays a crucial role in managing liquidity and short-term financing needs for businesses and governments.
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.
