The borrowing of a sum of money by one person, company, government or other organization from another is called:

Related MCQs

• A sum of money or other property owed by one person or organization to another is called
• If he Central Bank wants to encourage an increase in the supply of money and decrease in the cost of borrowing money, it should -
• Instruments for short-term borrowing by the government are called:
• Which of the following measures would the government take to finance its borrowing requirements?
• A non-negotiable order of a bank to a foreign bank authorizing payment to a person designated of a particular sum of money is known as:
• A legal document between a lender and a borrower whereby the later agrees to certain conditions for the repayment of the sum of money borrowed; is called:
• The proportion of a sum of money that is paid over a specified time period in payment for its loan is called:
• Taxes which may be shifted from the person upon whom they are originally imposed to another person are:
• Longterm funds in the capital, market can be raised either by borrowing from certain institutions or through -
• The use of borrowing to finance an excess of expenditure over income is known as: