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Meaning of REVOLVING CREDIT

Pronunciation:  ri'vâlving'kredit

WordNet Dictionary
 
 Definition: [n]  a consumer credit line that can be used up to a certain limit or paid down at any time
 
 Websites: 
 
 Synonyms: charge account credit, open-end credit
 
 See Also: bank card, charge account, charge card, charge plate, check overdraft credit, consumer credit, credit account, credit card, open account, overdraft credit

 

 

 

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