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Borrowing duration vs Borrowing period

Both 'borrowing duration' and 'borrowing period' are correct and commonly used phrases in English. They are interchangeable and can be used to refer to the length of time during which something is borrowed.

Last updated: March 24, 2024 • 1365 views

Borrowing duration

This phrase is correct and commonly used in English.

This phrase refers to the length of time during which something is borrowed.

Examples:

  • The borrowing duration for library books is two weeks.
  • Please check the borrowing duration before taking out any items.
  • Where one or a number of fixed borrowing rates have been established, they shall apply for the duration of the period specified in the credit agreement.
  • 'fixed borrowing rate' means that the creditor and the consumer agree in the credit agreement on one borrowing rate for the entire duration of the credit agreement or on several borrowing rates for partial periods using exclusively a fixed specific percentage.
  • If different borrowing rates and charges are offered for a limited period or amount, the highest borrowing rate and charges shall be deemed to be the borrowing rate and charges for the whole duration of the credit agreement.
  • Where a lower borrowing rate is offered for a limited duration at the beginning of the credit agreement, the advertisement shall contain a prominently displayed annual percentage rate calculated on the actual borrowing rate after that limited duration.
  • (ca) the borrowing body shall inform EBA of the initial interest rate as well as the duration of the loan.
  • To that end, the Authority should confirm that the conditions of borrowing between Deposit Guarantee Schemes laid down in this Directive are fulfilled, the initial interest rate as well as the duration of the loan.
  • Where the borrowing rate is not fixed for the duration of the contract, it shall be highlighted that this amount is illustrative and may vary in particular in relation with the variation in the borrowing rate.
  • Where a lower borrowing rate is offered for a limited duration at the beginning of the credit agreement, the annual percentage rate shall be calculated on the basis of the final rate that applies to the credit agreement after that limited duration.
  • Refinancing or restructuring operations shall be carried out in accordance with the conditions set out in paragraph 1 and shall not have the effect of extending the average duration of the borrowing concerned or increasing the amount of capital outstanding at the date of the refinancing or restructuring.
  • Where the borrowing rate is subject to revision and the amount of the instalment after each revision is unknown, the creditor may indicate in the amortisation table the same instalment amount for the whole credit duration.

Alternatives:

  • borrowing period
  • loan duration
  • loan period
  • lending duration
  • lending period

Borrowing period

This phrase is correct and commonly used in English.

This phrase also refers to the length of time during which something is borrowed.

Examples:

  • The borrowing period for the equipment is one month.
  • Make sure to return the items within the borrowing period.
  • Such tools and arrangements may include, where allowed under national law, gates, partial redemptions, temporary borrowings, notice periods and pools of liquid assets.
  • MT: Residents may borrow from overseas without the need to obtain exchange control approval if the borrowing is for a period exceeding three years.
  • However, an entity does not normally suspend capitalising borrowing costs during a period when it carries out substantial technical and administrative work.
  • Residents may borrow from overseas without the need to obtain exchange control approval if the borrowing is for a period exceeding three years.
  • An entity shall suspend capitalisation of borrowing costs during extended periods in which it suspends active development of a qualifying asset.
  • The rate of interest to be applied to historical costs shall be the rates that applied to government borrowings over that period.
  • In the view of the French State, therefore, keeping outstanding debt constant in value would limit new borrowing over the period to amounts of between EUR 12 and 14 billion. Investment levels would then be limited.
  • past heavy borrowing (in the period 2000-2005),
  • Permissible borrowing is set for each individual bank as an average borrowing over a period of three months and is calculated on the basis of an average' of banks» liabilities over the previous three end calendar months.
  • 'fixed borrowing rate' means that the creditor and the consumer agree in the credit agreement on one borrowing rate for the entire duration of the credit agreement or on several borrowing rates for partial periods using exclusively a fixed specific percentage.
  • Capitalisation of borrowing costs shall be suspended during extended periods in which active development is interrupted.
  • Under the benchmark treatment borrowing costs are recognised as an expense in the period in which they are incurred regardless of how the borrowings are applied.
  • It is not appropriate both to restate the capital expenditure financed by borrowing and to capitalise that part of the borrowing costs that compensates for the inflation during the same period.
  • In determining the amount of borrowing costs eligible for capitalisation during a period, any investment income earned on such funds is deducted from the borrowing costs incurred.
  • The amount of borrowing costs capitalised during a period shall not exceed the amount of borrowing costs incurred during that period.
  • The amount of borrowing costs that an entity capitalises during a period shall not exceed the amount of borrowing costs it incurred during that period.
  • Where one or a number of fixed borrowing rates have been established, they shall apply for the duration of the period specified in the credit agreement.
  • Net foreign borrowing needs are foreseen to decline further over the programme period, reflecting the containment of Spain's large external imbalance.
  • Borrowing costs shall be recognised as an expense in the period in which they are incurred.
  • Other borrowing costs are recognised as an expense in the period in which they are incurred.

Alternatives:

  • borrowing duration
  • loan duration
  • loan period
  • lending duration
  • lending period

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