GBP Definition.

GBP stands for Great Britain Pound. The GBP is the official currency of the United Kingdom, and is also used in a number of other countries, including the Isle of Man, the Channel Islands, and the Falkland Islands. The GBP is a major currency, and is one of the most traded currencies in the world. … Read more

What is a borrower?

The definition of borrower is the person or entity that receives money in loan, accepting the obligation to return it according to the agreed conditions that will include the payment of interest. Quite often the concept of borrower is confused with a lender. The lender is that he lends the money and charges interest for … Read more