Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “cost of borrowing”

cost of borrowing

noun [S]
 
 
ECONOMICS, FINANCE interest and other charges that have to be paid when you borrow money: raise/increase/drive up the cost of borrowing In November last year, the central bank raised the cost of borrowing to 3.75%. cut/reduce/lower the cost of borrowing The Fed may have to cut the cost of borrowing to stimulate economic growth.an increase/a rise in the cost of borrowing A further increase in the cost of borrowing might trigger a market crash. For those who can secure mortgages, the cost of borrowing is now lower than it has been for several years.
(Definition of cost of borrowing from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of cost of borrowing?
Add Cambridge dictionaries to your browser to your website

Word of the Day

beginner's luck

unexpected success experienced by a person who is just starting a particular activity

Word of the Day

Think long and hard; the language of decisions

by Liz Walter,
January 28, 2015
One of the best ways (perhaps the best way) to improve your English is to learn how words go together in phrases, idioms, or other patterns such as verb/noun or adjective/noun pairs (often called ‘collocations’). This blog looks at some useful phrases and collocations connected with the subject of decisions, something we

Read More 

micro pig noun

January 26, 2015
an extremely small pig, bred to be a pet Micro pigs have become popular pets recently, with famous owners including Victoria Beckham, Paris Hilton and Olympic diver, Tom Daley.

Read More