If Banks are forced to renew those borrowings at high interest rates, the resulting debt-service costs will make it still more difficult for them to earn their way out of their troubles.
Distinctions are made between entirely unrelated characters such as 澤 (marsh)and 機 (machine) as well as extensions or borrowings beyond the original semantic cluster such as 機1 (a phonetic borrowing used as a simplified form of 機) and 機2 (table, the original meaning).
Mr Osborne obliged with a new levy on banks’ borrowings, the gory details of which may be unveiled in his first budget on June 22nd.
The company will soon be able to repay its borrowings from the bank.
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