borrowback

Fetched 2026-10-26 (cache).

Synonyms: narrowback

Antonyms: narrowback

Related words from Datamuse; suggestions, not definitions.

Noun

1. {{lb|en|finance}} An [[arrangement]] in which an [[asset]] is sold or given to another, and then [[borrow]]ed back from the [[trust]] or [[person]] to whom it was sold or given. Typically, this is done either to [[take advantage]] of a lower [[tax rate]] on the part of the one to whom the asset is given, or to allow a trust to earn a higher [[rate of interest]] than that available from a [[bank]].

Source: Wiktionary · CC BY-SA 4.0 (Wiktionary dump) · cached copy, not a rewrite.