What is another word for borrowing cost?
Pronunciation: [bˈɒɹə͡ʊɪŋ kˈɒst] (IPA) 
Borrowing cost is a financial term used to describe the expenses associated with obtaining funds from external sources. Synonyms for this term include financing expenses, interest rate charges, debt expenses, and lending fees. Other related terms include loan costs, financial charges, credit costs, borrowing fees, and interest charges. These terms are used interchangeably to refer to the interest, fees, and other expenses that are associated with borrowing money. Whether it's a personal loan or a business loan, understanding the borrowing cost is essential for making informed financial decisions. By exploring different synonyms for this term, individuals can gain a deeper understanding of the financial implications of borrowing.
