- open-ended credit
- /ˌəυpən ˌendɪd 'kredɪt/ nounsame as revolving credit
Dictionary of banking and finance. 2015.
Dictionary of banking and finance. 2015.
open-ended loan — A loan that does not have a definite term or end date for example, a credit card account or line of credit. Category: Bankruptcy, Foreclosure & Debt Nolo’s Plain English Law Dictionary. Gerald N. Hill, Kathleen Thompson Hill. 2009 … Law dictionary
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revolving credit — /rɪˌvɒlvɪŋ kredɪt/ noun a system where someone can borrow money at any time up to an agreed amount, and continue to borrow while still paying off the original loan. Also called open ended credit … Dictionary of banking and finance
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