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If you find yourself short of money and ask your boss to give you £10 now but take it out of your wages next month (which you haven't earned yet), then you would be borrowing against future earnings.
Similarly in any hire-purchase or mortgage agreement you are borrowing the money to purchase an item (eg. a car or a house), but will be paying that money back (with interest added) out of money you intend to earn in the future.
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∙ 16y ago
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