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revolving credit commitment

См. также в других словарях:

  • Revolving Credit — A line of credit where the customer pays a commitment fee and is then allowed to use the funds when they are needed. It is usually used for operating purposes, fluctuating each month depending on the customer s current cash flow needs. Often… …   Investment dictionary

  • 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

  • Revolving credit agreement — A legal commitment wherein a bank promises to lend a customer up to a specified maximum amount during a specified period. The New York Times Financial Glossary …   Financial and business terms

  • revolving credit agreement — A legal commitment in which a bank promises to lend a customer up to a specified maximum amount during a specified period. Bloomberg Financial Dictionary …   Financial and business terms

  • 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

  • commitment letter — A legally binding letter in which a lender documents the terms, prerequisites and conditions under which it agrees to provide financing to an applicant. Commitment letters may be used in almost any lending transaction but are most common in… …   Financial and business terms

  • Loan Commitment — A loan amount that may be drawn down, or is due to be contractually funded in the future. Loan commitments are found at commercial banks and other lending institutions and consist of both open end and closed end loans. Open end loan commitments… …   Investment dictionary

  • Leor Energy — Overview Leor (LEE or) Energy is a Houston based natural gas exploration company focused primarily on unconventional gas in North America. In November 2007, Leor sold its Deep Bossier natural gas and land interests (including its 50% stake in the …   Wikipedia

  • Economic Affairs — ▪ 2006 Introduction In 2005 rising U.S. deficits, tight monetary policies, and higher oil prices triggered by hurricane damage in the Gulf of Mexico were moderating influences on the world economy and on U.S. stock markets, but some other… …   Universalium

  • native American — native American, adj. a person born in the United States. [1835 45, Amer.] * * * ▪ indigenous peoples of Canada and United States Introduction also called  American Indian,  Amerindian,  Amerind,  Indian,  Aboriginal American,  or  First Nation… …   Universalium

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