Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.
Showing 2 terms
The share of a cost the borrower pays from their own funds, with the loan covering the rest.
In an education loan, the part of the fees and costs the family pays; the percentage often differs for study in India and abroad.
Cash and bank balances a company cannot use freely — margin money and lien-marked deposits held against guarantees and letters of credit, escrow balances, and amounts earmarked under a statute or a contract.
Broken out in the cash and bank note. Netting it against borrowings, as most screeners do, quietly overstates the company’s position by the whole of it.