revolving credit arrangement

См. также в других словарях:

• revolving credit facility — an arrangement (usually with a bank) that requires the borrower to undertake to make regular periodic payments into a designated account in return for the facility to borrow on that account up to a specified sum, the amount of which is usually… …   Law dictionary

• revolving credit facility — UK US noun [C] ► FINANCE, BANKING an arrangement between a bank and a business that allows the business to borrow a particular amount of money, and then to borrow more money if part of the original loan is paid back: »Renewal of the company s… …   Financial and business terms

• revolving credit — Type of consumer credit arrangement which permits a buyer or a borrower to purchase goods or secure loans on a continuing basis so long as the outstanding balance of the account does not exceed a certain limit. Loans are repaid and new loans… …   Black's law dictionary

• CRÉDIT — Le mot crédit est en usage dans des domaines très divers: commerce, comptabilité, banque, législations financière, fiscale et pénale, droit des affaires, sciences morales, politiques et économiques. Toutes les acceptions, cependant, restent… …   Encyclopédie Universelle

• revolving charge — A type of credit arrangement that permits a buyer or a borrower to purchase merchandise or obtain loans on a continuing basis as long as the outstanding balance of the account does not exceed a certain limit. Dictionary from West s Encyclopedia… …   Law dictionary

• credit facility — ➔ facility * * * credit facility UK US noun [C] ► FINANCE, BANKING an arrangement between a bank and a business that allows the business to borrow a particular amount of money for different purposes for a particular period of time: »The software… …   Financial and business terms

• credit — an entry made on the right hand side of an account and indicating a gain to a liability, owner s equity or revenue account. Glossary of Business Terms money loaned. Bloomberg Financial Dictionary * * * ▪ I. credit cred‧it 1 [ˈkredt] noun 1.… …   Financial and business terms

• Credit — Money loaned. The New York Times Financial Glossary * * * ▪ I. credit cred‧it 1 [ˈkredt] noun 1. [uncountable] COMMERCE an arrangement with a shop, supplier etc to buy something now and pay for it later: • They are saving for new furniture… …   Financial and business terms

• Credit card — Personal finance Credit and debt Pawnbroker Student loan Employment contract Salary Wage Empl …   Wikipedia

• revolving line of credit — A type of credit facility. A term that can be confusing, with different banks using the term to describe different types of credit facilities. 1. In some banks, revolving line of credit refers to a credit facility that permits the borrower to… …   Financial and business terms

• Revolving line of credit — A bank line of credit on which the customer pays a commitment fee and can take down and repay funds according to his needs. Normally the line involves a firm commitment from the bank for a period of several years. The New York Times Financial… …   Financial and business terms