English version

borrowing powers

From Longman Dictionary of Contemporary English
Related topics: Loans
borrowing powersˈborrowing ˌpowers noun [plural] 🔊 🔊 BFLthe amount of money that a company is allowed to borrow, according to its own rules
From Longman Business Dictionaryborrowing powersˈborrowing ˌpowers [plural]FINANCE powers that are given to the directors of a company by its shareholders to borrow moneyThe company’s shareholders have recently agreed to extend its borrowing powers. power
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