revolving part
1revolving credit — re·volv·ing credit n: a credit which may be used repeatedly up to the limit specified after partial or total repayments have been made Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. revolving credit …
2revolving credit facility — UK US noun [C] ► FINANCE, BANKING an arrangement between a bank and a business that allows the business to borrow a particular amount of money, and then to borrow more money if part of the original loan is paid back: »Renewal of the company s… …
3Revolving — Crédit permanent Le crédit permanent (aussi appelé crédit renouvelable ou encore crédit revolving) est une forme de crédit consistant à mettre à disposition d’un emprunteur une somme d’argent sur un compte particulier ouvert auprès de… …
4revolving line of credit — A type of credit facility. A term that can be confusing, with different banks using the term to describe different types of credit facilities. 1. In some banks, revolving line of credit refers to a credit facility that permits the borrower to… …
5Revolving auditorium — A revolving auditorium is a mechanically controlled seating area within a theatre which can be rotated in order to manipulate the change of scenery and stage sets during the performance. Revolving auditoriums are favoured by open air theatres in… …
6Revolving Account — A type of credit account in which the customer may defer payment on part of the balance. Interest is charged on the unpaid balance and added to the total owed. A credit card is one type of revolving account. A revolving account may also be called …
7Revolving line of credit — A bank line of credit on which the customer pays a commitment fee and can take down and repay funds according to his needs. Normally the line involves a firm commitment from the bank for a period of several years. The New York Times Financial… …
8revolving plug — noun : the rotating part of a cylinder lock : the part into which the key is inserted …
9revolving loan — noun A type of loan that is secured against a property and allows the owner to borrow and repay money at his or her leisure. Periodic payments of at least accumulated interest are required but the loan is fully open: may be paid out in whole or… …
10revolving capital fund — A fund accumulated by a cooperative association by way of capital by the retention of all or a portion of the operating profit of the association, each member being credited with his proportionate part on the books and usually issued a… …
