| 单词 | revolving line of credit |
| 释义 | revolving line of credit noun[CorU] ukus(alsorevolving credit);(revolving loan)FINANCE,BANKING afinancialarrangementin which abankagreestolendaparticularamountofmoneyto someone, andallowsthem toborrowmoremoneyifpartof theoriginalloanispaidback: Arevolvinglineofcreditmay be one of the mostvaluablefinancialtoolsthatyourbusinesscan have. Comparecredit line Examplesofrevolving line of creditrevolving line of credit It may also refer torevolvinglineofcredit. 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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