The phrase "ability to borrow the" is correct and usable in written English.
It can be used when discussing the capacity or permission to take something temporarily, often in financial or resource contexts.
Example: "The bank assesses your ability to borrow the necessary funds for your new home."
Alternatives: "capacity to obtain the" or "permission to take the".
But even a small revision, if it comes, would probably rattle the financial markets and might even hamper America's ability to borrow the money it needs to finance its deficit.
On the one hand, growth is a function of something more than the ability to borrow the latest technology; on the other hand, it is not clear that productivity must always grow at a slower rate in the service industries.
In the case of the debt ceiling, however, Congress has appropriated the funds but Treasury has lost the ability to borrow the money to pay for services that have been contracted.
In the current imbroglio, Republicans threatened that, unless their demands were met, they would (a) shut down most of the government and, more alarmingly, (b) deny the Treasury the ability to borrow the money it needs to pay expenses that Congress has already authorized.
Nowadays it seems as if the foreign-exchange markets are home to a bunch of Charles Atlas's 97-pound weaklings, all of them eager to have sand kicked in their faces.First the dollar took a battering in 2009 when the return of risk appetite, and the ability to borrow the currency at very low rates, sent money flowing out of America for use in speculative "carry trade" transactions.
"GM is currently exploring the possibility of amending or replacing the existing facility with new terms that would, among other things, resolve any uncertainty regarding GM's ability to borrow," the company said in the filing.
But the United States still has the ability to borrow all the dollars it wants — in part because lenders know the United States can print more of them if it needs to.
Addressing more than 1,000 people at the New Jersey State League of Municipalities conference here, Mr. Corzine also proposed limiting the state's ability to borrow in the future, perhaps by changing the state Constitution.
If it fails to do so, Argentina risks escalating punishments, from losing its ability to borrow from the IMF to eventually expulsion.This is the first time the fund has reprimanded a country in this way since its rules on members' statistics were tightened in 2004.
In theory, the ability to borrow for the long term at ultra-low rates should be providing an incentive for US businesses to invest.
This has provoked unions to call strikes for June 30th.Britain is still in the relatively fortunate position of having an independent monetary policy and the ability to borrow from the markets in its own currency at relatively low rates.
