FT MarketWatch

Revolving line of credit

An agreement by a bank to Lend a specific amount to a borrower, and to allow that amount to be borrowed again once it has been repaid. also called revolving Credit.

Related Terms: 8 Borrow, Call, Credit, ECI, Lend, Low, Owe, Paid
Other Related Pages: Category: Lending_and_Credit Starting With: R
Semi Related Terms: 317 CLICK HERE TO VIEW
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