power to borrow

USAGE SUMMARY

The phrase "power to borrow" is correct and usable in written English.
It can be used in contexts discussing financial authority or the ability to take loans or credit. Example: "The organization has the power to borrow funds for its expansion projects."

✓ Grammatically correct

News & Media

Academia

Encyclopedias

Human-verified examples from authoritative sources

Exact Expressions

40 human-written examples

The Constitution grants Congress the power to "borrow money on the credit of the United States".

The New York Times

He is annoucing that councils will be given more power to borrow money.

The Guardian

And with greater power to borrow, they will be able to.

The Guardian - Opinion

He lost a battle with the chancellor, Gordon Brown, who limited the foundations' power to borrow.

The Guardian

The Constitution gives Congress the power of the purse and the power to borrow.

The Washington Post

The Constitution grants only Congress — not the president — the power "to borrow money on the credit of the United States".

The New York Times

Human-verified similar examples from authoritative sources

Similar Expressions

20 human-written examples

He confirmed Scottish ministers would still have powers to borrow up £2.2bn, in addition to their Treasury grant.

The Guardian

"We want real powers to borrow and invest, which will produce high-quality integrated public services," Dawson said.

The Guardian

It is not expected to have powers to borrow until at least 2015, and then only depending on how much the government's debt has been reduced.

The Guardian - Business

He also promised greater powers to borrow and attract investment, to take carbon out of electricity production by 2030 and to ensure 5m homes are insulated within a decade by devolving powers to local communities.

The Guardian

But the three options are said to focus on turning the EFSF either into a bank, or an insurance scheme, or giving it the powers to borrow funds from the European Central Bank or private investors to buy eurozone government bonds.

The Guardian - Business

Expert writing Tips

Best practice

When discussing legal or constitutional matters, ensure you accurately represent which entities possess the "power to borrow" according to relevant laws or foundational documents.

Common error

Don't use "power to borrow" interchangeably with authorization. Power implies the inherent or granted capacity, while authorization refers to explicit permission for a specific instance. A council may have the "power to borrow", but still need authorization for each loan.

Linguistic Context

The phrase "power to borrow" functions as a noun phrase, often serving as the subject or object of a sentence. As shown in Ludwig AI, it signifies the capacity or authority to incur debt. The grammatical structure is straightforward, lending itself to clear and concise communication.

Expression frequency: Common

Frequent in

News & Media

40%

Academia

30%

Encyclopedias

10%

Less common in

Wiki

10%

Formal & Business

5%

Science

5%

Ludwig's WRAP-UP

The phrase "power to borrow" is a grammatically sound and frequently used noun phrase that refers to the capacity or authority to incur debt. Ludwig AI confirms its correctness and usability in written English. Its prevalence across News & Media, Academia, and Encyclopedias highlights its versatility. While alternatives like "authority to borrow" exist, "power to borrow" remains a clear and concise choice. Remembering the distinction between power and authorization ensures accurate and effective communication.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

authority to borrow

Focuses more on the formal permission or right to borrow.

ability to secure financing

Emphasizes the capability to obtain funds, not necessarily through borrowing.

capacity to raise capital

Highlights the potential to accumulate funds, often through various means including borrowing.

right to incur debt

Specifically refers to the legal entitlement to take on debt.

license to borrow

Suggests a formal authorization to borrow, similar to 'authority'.

borrowing privileges

Emphasizes the benefits and permissions associated with borrowing.

access to credit facilities

Focuses on the availability of credit resources.

financial leverage

Refers to the strategic use of debt to increase returns.

fiscal borrowing capacity

Relates to the financial strength required for borrowing.

debt procurement capability

Highlights the competence to acquire debt effectively.

FAQs

In what contexts is the phrase "power to borrow" typically used?

The phrase "power to borrow" is frequently used in contexts concerning government finance, corporate governance, and legal discussions about the authority to incur debt. It is common in discussions about the financial autonomy of entities like governments, councils, and organizations.

Who typically possesses the "power to borrow"?

The "power to borrow" typically resides with governmental bodies, such as Congress or local councils, as well as corporations and individuals under certain conditions. The specific entity possessing this power depends on the legal and constitutional framework in place.

What are some alternatives to using the phrase "power to borrow"?

You can use alternatives like "authority to borrow", "ability to secure financing", or "capacity to raise capital" depending on the context.

How does "power to borrow" differ from "right to borrow"?

"Power to borrow" generally refers to the inherent or granted capacity to borrow, while "right to borrow" suggests a legal entitlement. An entity might have the "power to borrow" due to its structure, but the right to borrow may be subject to specific conditions or approvals.