revolving credit

noun
credit automatically available up to a predetermined limit while payments are periodically made. Compare credit line ( def 2 ).

Origin:
1915–20

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Collins
World English Dictionary
revolving credit
 
n
a letter of credit for a fixed sum, specifying that the beneficiary may make repeated use of the credit provided that the fixed sum is never exceeded

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
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Encyclopedia Britannica
Encyclopedia

revolving credit

system of retail credit in which the buyer makes periodic payments to an account to which his purchases and service charges have been debited. The service charge is based on the outstanding balance; if the buyer pays his entire balance, no service charge accrues. The total credit allowed the customer may be some multiple of a fixed monthly payment, or there may be no credit limit-the monthly payment varying with the outstanding balance. Revolving-credit plans are provided by many department stores and are an important feature of bank credit-card systems (see credit card).

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Encyclopedia Britannica, 2008. Encyclopedia Britannica Online.
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Example sentences
Maybe it's the savings rate, or revolving credit, or total bank credit.
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