What is BORROWINGS? Definition of BORROWINGS in Black's Law Dictionary
Checks by bank against second bank anti honored while items deposited.by former were in process of collection. Guaranty by bank of transaction where another bank issued letter of credit for first bank's customer. Indebtedness represented by notes given by bank when borrowing money. Overdrafts by bank maintaining checking account with another bank. Schramm v. Bank of California Nat. Ass'n, 143 Or. 546, 20 P.2d 1093, 1096.
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That's the definition of BORROWINGS in Black's Law Dictionary - Courtesy of Cekhukum.com.
