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The American Heritage Dictionary of Business Terms » borrowing power
borrowing power
borrowing power definition - business
borrowing power
- A firm's ability to borrow significant amounts of money. This term is often applied to companies having valuable assets but few outstanding debts.
- The amount of money that may be borrowed in a margin account.
The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
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