From Longman Dictionary of Contemporary Englishborrowing powersˈborrowing ˌpowers noun [plural] BFLthe amount of money that a company is allowed to borrow, according to its own rulesFrom Longman Business Dictionaryborrowing powersˈborrowing ˌpowers [plural]FINANCE powers that are given to the directors of a company by its shareholders to borrow moneyThe company’s shareholders have recently agreed to extend its borrowing powers. → power
