Borrower: Difference between revisions

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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]].


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}}
{{sa}}
*[[Cross default]]
*[[Cross default]]