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Cost of borrowing
COST OF BORROWING

Definition: (finance) The amount of money that a person or business has to pay in order to borrow a sum of money.
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* All six elements should be in.


1. Purposeful and necessary (to emphasize, see definition).

2. Affordable - won't affect trading, deals, etc. negatively.

3. Profitable - transaction, etc. won't 'earn' only a break-even point.

4. Suitable, i.e. safe. That is, the repayment periods, for receipts in tranches will be convenient for the borrowers (if applicable).

5. Sustainable - fixed and can't change as a result of inflation, etc.

6. Serves purpose(s), especially if loan won't be written off.
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1. whatever the amount.

2. in whichever currency.

3. for whatever project.

4. need no cost-cutting.

5. whenever it is accessed.

6. forget the percentage(s).

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