单词 | revolving credit |
释义 | revolving credit From Longman Business Dictionary, Banking Traderevolving creditreˌvolving ˈcredit [countable, uncountable]BANKINGCOMMERCE an arrangement with a bank for borrowing up to an agreed limit; if the limit is reached and the loan is then partly repaid, the borrower can later borrow up to the limit againThe new eight-year debt package comprises a $20 million term loan and a $45 million revolving credit agreement. → credit |
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