And bad debt ratings mean the cost of borrowing money goes up and profits drop.
The corollary, of course, is that the states' cost of borrowing is inordinately high.
Higher interest rates and a succession of credit rating downgrades have increased GMAC's cost of borrowing.
Some people use the debt to make more money than the cost of borrowing the money.
That would lower the cost of borrowing for some and increase it for others.
Look for a devalued currency and a very long period of hardly any cost of borrowing money.
Some say that a formal debt-restructuring system will raise the cost of borrowing and frighten skittish markets.
Hungary is one notch above so-called "junk" status, meaning its cost of borrowing could soar without help.
Spain has seen its cost of borrowing fall by more than two percentage points since the summer.
Greece, which is heavily in debt to foreigners, has a high cost of borrowing (see chart 2).
Since much lending is benchmarked to Treasury rates, the cost of borrowing is increasing across the economy.
The cost of borrowing money overnight peaked at 26.5% in 2003 and is now down to 12%.
These indicate a country's cost of borrowing and reflect how nervous investors feel about lending to them.
If governments do nothing, their credit ratings could be damaged and their cost of borrowing could rise.
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Usually it's higher interest rates, and the cost of borrowing has played a role in the current slowdown.
It cut interest rates twice last year, to bring down the cost of borrowing for consumers and businesses.
Australia's cost of borrowing is now at the same level it was during the global financial crisis of 2009.
The financial markets remained jittery on Thursday as worries persisted about the high cost of borrowing faced by Italy.
Most state-owned enterprises do not care about the cost of borrowing because they have no need to make profits.
It is a meaningless figure unless you also know the cost of borrowing.
Well, they might push up the cost of borrowing for the banks fractionally.
First, they raise the cost of borrowing and so deter new investment or purchases of consumer durables on credit.
There is now a massive gap between the government's current cost of borrowing and the cost for anyone else.
The implied yearly cost of borrowing had fallen to 4.17% at one point, before news of the Senate results arrived.
Under the asset purchasing programme the central bank buys bonds in order to keep the long-term cost of borrowing down.
Other reasons are thought to include the loss of a school academies grant and the cost of borrowing more money.
The UK's cost of borrowing has risen in recent months as markets adjusted for the downgrade, which was widely predicted.
The Euribor rates that are reported include the cost of borrowing for anything from one week, to an entire year.
The company was able to raise short-term paper at very low interest rates, which lowered its overall cost of borrowing.
Of course, if they abuse this freedom, capital markets will turn against them, and raise the offenders' cost of borrowing.
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