Sentence examples similar to steps of borrowing from inspiring English sources
Amtrak officials say they need to take the unusual step of borrowing money to finance day-to-day operations because of a one-year delay they faced before introducing Amtrak's first high-speed train service.
Rather than lose the deal and have the loan denied, the buyer ended up taking the unusual step of borrowing against his retirement plan to make it a cash transaction, and was able to close in two weeks, Mr. Rosabianca said.
Montebello took the unusual — and some say potentially illegal — step of borrowing money from its redevelopment agency last year to keep the city afloat.
They slowly began taking on more debt in fall 2010, and in recent months have stepped up the rate of borrowing.
Perhaps regulators could then take steps to raise the cost of borrowing in that particular area, rather than use the blunt tool of raising rates throughout the market.
It can cut the cost of borrowing marginally, take steps to keep credit flowing from the commercial banks to households and businesses, and it can drive down the level of the pound.
It can also lower short-term interest rates, a step that should help the economy by decreasing the cost of borrowing.
On that assumption, the Moody's credit service took a step toward cutting the UK's credit rating, which could increase its costs of borrowing.
However, the challenge lies in the cost of borrowing after ratings agency Standard & Poor's downgraded Nigeria's credit rating from B+ to B, five steps below investment grade.
Take the cost of borrowing dollars.
