borrowing powers Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “borrowing powers” in the English Dictionary

"borrowing powers" in Business English

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borrowing powersnoun [plural]

uk   us  
FINANCE the ​right of a ​company or ​organization to ​borrowmoney to ​finance their ​activities: The ​committeeasked the Government to clarify what the Post Office's ​borrowingpowers were ​following the ​agreement to give it greater ​commercial freedom.
(Definition of borrowing powers from the Cambridge Business English Dictionary © Cambridge University Press)
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