Borrower: Difference between revisions

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(Created page with "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, whi...")
 
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One who borrows. From lenders. Under [[loan]]s. Involves [[indebtedness]].
{{a|glossary|}}One who borrows. From [[lender|lenders]]. Under [[loan]]s. 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]].
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]].


Being a [[Counterparty|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.
Being a [[Counterparty|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.


{{seealso}}
{{seealso}}
*[[cross default]]
*[[Cross default]]