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Discover Ludwig"borrow against" is a correct and usable phrase in written English.
It means to take out a loan using something as collateral. For example, "John had to borrow against his house in order to cover some unexpected expenses."
Exact(60)
Or borrow against your paid-off automobile.
So you can borrow against the equity.
But it's equally bad to borrow against your next paycheck.
–Can a person borrow against his or her retirement fund?
Don't rush out and borrow against the national good fortune.
"You've put everything at risk if you borrow against it".
Like homeowners who borrow against the value of their property, banks borrow against the securities they own.
Declining interest rates fuelled a boom in house prices, encouraging people to borrow against their properties.
They might also expect wage growth and want to borrow against that future income.
But you will still not be able to spend your money, or even borrow against it.
"One could hardly borrow against something that could not be given up.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com