| 词汇 | revolving-line-of-credit |
| 释义 | revolving line of credit noun[ C or U ] ukus(alsorevolving credit); (revolving loan) FINANCE, BANKING a financial arrangement in which a bank agrees to lend a particular amount of money to someone, and allows them to borrow more money if part of the original loan is paid back: A revolving line of credit may be one of the most valuable financial tools that your business can have. Comparecredit line Examples of revolving line of creditrevolving line of credit It may also refer to revolvinglineofcredit. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. The company had over 100 million in short-term revolving lines of credit. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. Since most are structured as revolving lines of credit, they have no term, allowing the client to repay the principal (and refill their line) at their own pace. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. 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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