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One who borrows. From 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 | 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 | 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. | ||
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*[[ | *[[Cross default]] |