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borrowing cost

/ˈbɒrəʊɪŋ kɒst/

1 entry

phrase

/ˈbɒrəʊɪŋ kɒst/C1formalbusiness
  • ruОбщие расходы, понесенные заемщиком за использование чужих денег, обычно включающие процентные платежи и любые сопутствующие комиссии по кредитам, ипотеке или кредитным картам.

The total expense incurred by a borrower for using someone else's money, typically including interest payments and any associated fees on loans, mortgages, or credit.

  1. Cost of borrowing moneyB2formal

    The total expense incurred by a borrower for using someone else's money, typically expressed as an interest rate or fee.

    ruСтоимость заимствования

    • High borrowing costs can discourage businesses from taking out loans.
    • The central bank raised interest rates, increasing borrowing costs for consumers.
    • Companies compare borrowing costs before choosing a lender.