meaning of borrowing powers

borrowing powers meaning in Law Dictionary

The ability to borrow even more funds. Someone or business with a whole lot in assets and small indebted probably will have better borrowing energy than someone or company inside reverse place.

borrowing powers meaning in Business Dictionary

Legal capability of an incorporated company to put itself into financial obligation. Administrators of a company are generally because of the power to borrow against its account but, as defined within the firm's bylaws or memorandum of relationship, certain limitations are put on the ability to achieve this.