retire a loan | repay a loan | reimburse a loan | pay off a loan | pay back a loan

borrowing [ fixed-interest loan | floating-rate loan ]

borrow | borrow area | borrow pit

EU borrowing [ Community borrowing | European Union borrowing ]

reverse charge | transfer of the liability to the receiver of the goods

in bond | under bond | uncustomed | duty unpaid | left unpaid | uncleared | not cleared by the customs | not cleared through the customs

delivered duty paid | DDP | ex quay duty paid | duty paid

the authorized transaction may be undertaken, in whole or in part, in the currency of a country other than Canada, and for that purpose the specific or maximum number of dollars shall be construed as an equivalent amount in the currency of the other country, calculated at the rate of exchange between the Canadian dollar and the currency concerned as quoted by the Bank of Canada at noon on the day immediately preceding the day on which the money is borrowed, the proceeds from the issue of securities are received or the guarantee is given, as the case may be.

As a number of currencies of South-East European countries have weakened it is increasingly difficult for borrowers to keep up with their obligations and in some cases they have even had to stop paying back their loans.

Other ships used the good years to caulk their hulls and clear their rigging – in other words, to pay off debt – but you used the good years to raise borrowing yet further.

5. The competent authorities shall oblige institutions to report to them immediately any case in which their counter parties in repurchase and reverse repurchase agreements or securities and commodities-lending and securities and commodities-borrowing transactions default on their obligations.