revolving credit
noun[CorU]
ukusFINANCE,BANKING
→revolving line of credit:
Therecentsharpincreaseinbankruptcyfilingshas beenprimarilycausedbyrevolvingcredit.
单词 | revolving credit |
释义 | revolving credit noun[CorU] ukusFINANCE,BANKING →revolving line of credit: Therecentsharpincreaseinbankruptcyfilingshas beenprimarilycausedbyrevolvingcredit. Examplesofrevolving creditrevolving credit The loans had been made on arevolvingcreditagreement. From Wikipedia ![]() While installment debt is considered in risk scoring systems it is a distant second in its importance behind therevolvingcreditcard debt. From Wikipedia ![]() Credit cards arerevolvingcreditinstruments that do not need to be paid in full every month. From Wikipedia ![]() Arevolvingcreditline allows borrowers to draw down, repay and reborrow as often as necessary. From Wikipedia ![]() This is in the nature ofrevolvingcreditentitling the holder to withdraw up to the limit sanctioned. From Wikipedia ![]() Usually this covers all the assets of a corporation and is often used forrevolvingcreditlines. From Wikipedia ![]() In addition, the history of payment of loans andrevolvingcreditis considered. From Wikipedia ![]() Opposed to closed-end credits there are also open-end credits that are also known asrevolvingcreditlines. From Wikipedia ![]() It was the first store to offerrevolvingcreditand the first department store to use escalators. From Wikipedia ![]() Credit cards are an example ofrevolvingcreditused by consumers. From Wikipedia ![]() These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors. |
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