the borrower is a person that borrows money or capital.
the borrower is a person that borrows money or capital.
who is a person that borrows money or capital?
the borrower
dealing with financial securities is connected to the problem about ownership: in case of person-to-person loans, the problem of who owns the loans (notes) and how that ownership is transferred between the originator of the loan (the person-to-person lending company) and the individual lender(s). this question arises especially when a peer-to-peer lending company does not merely connect lenders and borrowers but also borrows money from users and then lends it out again. such activity is interpreted as a sale of securities, and a broker-dealer license and the registration of the person-to-person investment contract is required for the process to be legal. the license and registration can be obtained at a securities regulatory agency such as the u.s. securities and exchange commission (sec) in the u.s., the ontario securities commission in ontario, canada, the autorité des marchés financiers in france and québec, canada, or the financial services authority in the uk.
peer-to-peer lending
madhusoodhanan aka madhu (udhayanidhi stalin) is a jobless software engineer, who recently lost his job due to recession. he is in love with bhargavi (manjima mohan), a rich girl, who is under the care of her elder brother dheena (r. k. suresh), who is the assistant commissioner of police. dheena opposes their love primarily due to religion, while also not liking madhu from first instance. bhargavi urges madhu that they should get register married before dheena could stop them. madhu being jobless, often borrows money from a notorious money lender, kanthuvatti murugan (ravi mariya) and fails to repay it on time. hence, murugan is in search of madhu. just before the day of his marriage, he borrows his friend's car and promises to return it soon.
ippadai vellum