Outrageously Funny Word Dictionary :: Imborsation

👉 In the context of finance, "imborsation" refers to the practice of borrowing money from another person or entity in exchange for goods or services. This is often done with the intent of later returning the borrowed funds without paying back the original lender. The act of borrowing and then not repaying it can be seen as a form of debt recovery, but it also involves engaging in an illegal activity due to the nature of the transaction. In many jurisdictions, this practice may be subject to legal penalties

imborsation