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It still has a lot of debt because of borrowing -- legitimate borrowing, not 1970's style -- but too much of it, Mr. Hevesi has warned repeatedly.
It could then regulate the supply of money in response to demands by commercial banks for funds to finance the legitimate borrowing requirements of their clients.
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If you do decide to go ahead and borrow from a family member or friend, create a contract that is formal and just as legitimate as borrowing from a bank.
Is the borrowing legitimate?
What is more, social time has been the legitimate basis for borrowing money and claiming money.
Previous studies on undergraduates have used a "minimum combination of two content words (noun, verbs, adjectives, and adverbs)" without attribution as a form of text-borrowing, and defined a legitimate paraphrases as "no trace of direct borrowing of two or three consecutive words from source texts" (Shi, 2004, p. 178 179).
My first, perhaps my only, legitimate religious experience took place in my last borrowed car.
Approximately 60% of subjects agreed that the children born by AID/IVF using sperms or eggs donated by third persons, by IVF using eggs from third persons, and by means of a borrowed womb, should be regarded as legitimate children of the concerned couples.
But it's an obvious question, one with an obvious and legitimate answer, roughly along the lines of: "Of course, we must borrow more in order to borrow less in the long term.
However it found they served a legitimate purpose because some customers may have no history of borrowing that would make them attractive to mainstream lenders, or may have defaulted on loans in the past.
Everyone played a role: bankers, homeowners, politicians and regulators all chose to ignore reality and believe that borrowing based on expected increases in house values was legitimate.
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CEO of Professional Science Editing for Scientists @ prosciediting.com