Borrower: Difference between revisions

Latest revision as of 21:09, 19 January 2021

Banking basics

A recap of a few things you’d think financial professionals ought to know

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One who borrows. From lenders. Under loans. Involves indebtedness.

If one borrows by means of deposits, you ought to be a licensed deposit-taking institution, which is another way of saying a bank.

Being a swap counterparty is not to be a borrower, although one’s mark-to-market exposure, if not collateralised, can certainly resemble indebtedness even though, strictly speaking, it isn’t.

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	{{a\|~~glossary~~\|}}One who borrows. From [[lender\|lenders]]. Under [[loan]]s. Involves [[indebtedness]].		{{a\|banking\|}}One who borrows. From [[lender\|lenders]]. Under [[loan]]s. Involves [[indebtedness]].

	If one borrows by means of [[deposit]]s, you ought to be a licensed [[deposit-taking institution]], which is another way of saying a [[bank]].		If one borrows by means of [[deposit]]s, you ought to be a licensed [[deposit-taking institution]], which is another way of saying a [[bank]].