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
Additional Related Terms: 10-K, 52-week low, Agent bank, At par, ABC agreement, All or any part, At best, At call, All-risks coverage, At risk