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单词 Revolving credit facility
释义

Revolving credit facility

原声例句
《金融时报》 Podcast

So they've taken out this new, what's called a revolving credit facility, which is kind of a little bit like a credit card, but this one is worth $700mn.

所以他们拿出了这个新的, 所谓的循环信贷工具,有点像信用卡,但这个价值 7 亿美元。

英语百科

Revolving credit

(重定向自Revolving credit facility)

Revolving credit is a type of credit that does not have a fixed number of payments, in contrast to installment credit. Credit cards are an example of revolving credit used by consumers. Corporate revolving credit facilities are typically used to provide liquidity for a company's day-to-day operations. They were first introduced by the Strawbridge and Clothier Department Store.

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