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Borrower

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Borrower defaults at 10-yr high as demand wanes
The Times of India  Apr 3  Comment 
Default rates among corporate borrowers have hit a 10-year high of 3.4% in 2011-12. Companies are finding it increasingly difficult to pay loans because of high interest rates, elevated commodity prices and lower demand following the Eurozone crisis.
Statistics Canada: Typical Borrower Owes $115,000+, Albertans $158,000+, Home ?Owners? $161,000+
Gold Stocks Today  Mar 24  Comment 
StatsCan released a major report Friday that outlines the overall debt situation of Canadians… It only measured what is owed by Canadians who carry any form of debt, not those that are debt free, and according to the report, the typical borrower...
Banks should ensure person offering guarantee is a close relative of borrower
The Hindu Business Line  Feb 5  Comment 
CONTAINING NON-PERFORMING ASSETS
Chase Tries to Fix Mortgage Screw-up by Arguing Borrower Not Good at Latin
Forbes  Feb 2  Comment 
I guess it  has become apparent that "securitizing" some mortgages was probably not such a hot idea.  This Louisiana tax title case emphasizes that point. It could be it is just rubbing salt in the wound, but I find it kind of interesting. ...
Neither a borrower nor a guarantor be
The Hindu Business Line  Dec 19  Comment 
The AP High Court has ruled that a bank is not obliged to return pledged goods on the borrower repaying a loan if the former had other claims against the borrower. The court was dis...
One borrower, multiple beneficiaries
The Hindu Business Line  Aug 22  Comment 
Imagine if you have the convenience of getting a single loan that benefits not just you but also your parents, wife, children, siblings, or even a friend in case of a contingency. Sarasw...
Italian Plunge Brings Debt Crisis to EU’s Biggest Borrower
BusinessWeek  Jul 12  Comment 
The plunge in Italian markets overshadowed policy makers’ efforts to fix Greek finances as the euro-region’s debt crisis infected Europe’s largest borrower.
Economy Needs a Borrower of Last Resort
Wall Street Journal  Jun 1  Comment 
A lack of funds isn't hampering the U.S. economy right now. It is a lack of demand for them.




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Borrower

A Borrower takes and uses something that belongs to someone else, with the intention of returning it. You have an impatient borrower and a patient lender. It is the trade off between patience and impatience, which is going to decide the rate of interest.

A loan entails the redistribution of financial assets over time, between the lender and the borrower. Collateral may be used to make sure the borrower keeps his promise. The borrowing may be secured by collateral, or it may be unsecured in which case there are no assets guaranteeing pay back.

Investing

As investors use the term the borrower is the person who initially receives an amount of money, called the principal, from the lender, and is obligated to, pay back, all of the funds, plus interest and fees, to the lender by a specified time.

From to lend, be surety for, pledge, to hide, protect. Apparently on the notion of collateral deposited as security for something borrowed. [1] Bury, to raise a mound, hide, bury, to shelter, protection, shelter, to save, preserve. [2]

References

  1. ↑ [1]
  2. ↑ [2]
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