Search: borrower

Sort by: Relevance Date
1–3 of 3 collapsed search results for borrower

RBA Glossary definition for borrower

borrower – A person or entity that incurs a debt to a lender on agreed terms.

Search Results

Non-technical summary for ‘The Rise in Household Liquidity’

25 Oct 2022 RDP 2022-05
Kim Nguyen
But financial frictions, such as a lack of information about borrowers' prospects, can limit or distort the flow of credit leading to slower growth and potentially amplifying economic shocks. ... Covenants set out some conditions that the borrower has to
https://www.rba.gov.au/publications/rdp/2022/2022-05/non-technical-summary.html

Introduction

25 Oct 2022 RDP 2022-05
Kim Nguyen
A key cause of financial frictions is informational asymmetries and misalignment in incentives between lenders and borrowers (Stein 2003).
https://www.rba.gov.au/publications/rdp/2022/2022-05/introduction.html

The Real Effects of Debt Covenants: Evidence from Australia

25 Oct 2022 RDP 2022-05
Kim Nguyen
A key cause of financial frictions is informational asymmetries and misalignment in incentives between lenders and borrowers (Stein 2003).
https://www.rba.gov.au/publications/rdp/2022/2022-05/full.html