revolving credit
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re·volv·ing credit
(rĭ-vŏl′vĭng)n.
Credit repeatedly available up to a specified amount as periodic repayments are made.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
revolving credit
n
(Banking & Finance) a letter of credit for a fixed sum, specifying that the beneficiary may make repeated use of the credit provided that the fixed sum is never exceeded
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
revolv′ing cred′it
n.
credit automatically available up to a predetermined limit while payments are periodically made.
[1915–20]
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.
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Noun | 1. | revolving credit - a consumer credit line that can be used up to a certain limit or paid down at any time consumer credit - a line of credit extended for personal or household use charge card, charge plate, credit card, plastic - a card (usually plastic) that assures a seller that the person using it has a satisfactory credit rating and that the issuer will see to it that the seller receives payment for the merchandise delivered; "do you take plastic?" debit card - a card (usually plastic) that enables the holder to withdraw money or to have the cost of purchases charged directly to the holder's bank account smart card - a plastic card containing a microprocessor that enables the holder to perform operations requiring data that is stored in the microprocessor; typically used to perform financial transactions check overdraft credit, overdraft credit - credit provided by a bank in honoring a customer's overdrafts |
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
Translations
crédit permanent
revolving credit
n (Fin) → credito a termine rinnovabile automaticamenteCollins Italian Dictionary 1st Edition © HarperCollins Publishers 1995