👉 Boragers, also known as floating loans or floating capital, are financial instruments that permit borrowers to borrow money without actually owning it. Instead of purchasing a fixed amount of assets from the borrower, they receive payments in an asset-backed security (ABS), which is essentially a bond backed by the borrower's collateral. When a borrower borrows money, they typically use this money to purchase a fixed amount of assets, such as real estate or equities. The borrower then uses these assets to pay back
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What is the definition of Borage? 🙋
👉 Borage, also known as alfalfa, is a perennial herbaceous plant that grows up to 6 feet tall. It is native to Europe and Asia and has been cultivated for centuries. Borage is a member of the alfalfa family and is widely used in culinary dishes, including porridge, salads, and soups.
