noun

the practice of borrowing money

noun

the amount of money that a company or individual is able to borrow

noun

interest that is based both on an amount of money that someone has borrowed or saved and on the interest that has been added to it

noun

a financial instrument for protecting against the risk that a company or organization will not pay money that they owe. The buyer pays interest to the seller and receives a large amount of money if the debt is not paid. The seller receives interest from the buyer and pays them a large amount of money if the debt is not paid.

noun

a person or company that is owed money by another person or company

noun

the degree to which a person, organization, or country is considered likely to pay back money that they borrow

adjective

likely to pay back money that you borrow

noun

someone whose job is to make people pay back the money they owe

noun

extra time that you are given to pay money that you owe

noun

a person or an organization that manages or lends large amounts of money

verb

to take someone’s property because they failed to pay back the money that they borrowed to buy it

verb

to agree to pay back the money that someone else owes if they cannot pay it back themselves

verb

if a valuable object guarantees something, it is given to someone until you have paid the money that you owe or have done the thing that you promised to do

noun

an agreement to pay back money that someone else owes if they cannot pay it back themselves

adjective

a guaranteed loan will be paid even if you cannot pay it, because someone else has agreed to pay it or your property will be sold to pay it

noun

someone who makes an official agreement to be responsible for money that someone else owes, or for someone else’s behaviour

adjective

not charging you any interest on the money you borrow or the credit you are given

adjective

an irredeemable debt can never be paid

the legal right to keep someone else’s property until you get back the money that they owe you, or the right to sell their property as a way of getting your money back

noun

someone who lends money to people and charges them a very high rate of interest

noun

a person or organization that lends money to people, especially at a high rate of interest

noun

the system of buying things on credit

verb

if you owe someone money, you have to give them a particular amount of money because you have bought something from them or have borrowed money from them. Money that you owe is called a debt

verb

to give something valuable to someone as a way of promising that you will pay them money later

noun

something valuable that you give to someone as a way of promising that you will pay them money later

noun

the lowest rate available for borrowing money

noun

the original amount of money that someone borrows, which is paid back with additional money called interest

to record something in an account so that someone can pay for it later

adjective

in a situation where neither of two people owes the other one anything

verb

to replace one loan with another one on which you pay less interest

noun

an amount of money that is available to be borrowed and is then replaced so that it always remains the same amount

to agree that an amount of money that someone owes can be paid back at a later date

noun

the process of gathering together loans such as mortagages and changing them to securities to sell to other people

noun

property or goods that you agree to give to someone who has lent you money if you cannot pay the money back

noun

an arrangement in which a country or organization borrows money at a low rate of interest

adjective

used to describe a loan or other financial agreement which causes very serious business problems for a bank or financial organisation

noun

someone who lends money to people and charges interest

noun

the practice of making people pay interest when you lend them money

to say officially that someone does not have to pay an amount of money

noun

an agreement that allows someone not to pay back the money that they owe

noun

adverb

noun

to agree that neither person owes the other one anything

on credit (=paying later)

to have proof that someone is going to pay you

to be responsible for paying money that is owed or for making certain that someone goes to court when they should