👉 Monergism is a financial concept that refers to a situation in which an individual or entity (usually referred to as a borrower) borrows money from another party (the lender), and then repays the amount borrowed with interest. This repayment of the borrowed funds usually occurs over time, rather than immediately upon acquisition. In other words, when someone borrows money for a particular purpose, they are effectively borrowing it at an interest rate that is higher than the original loan amount. Monergism can