Meaning REVOLVING LINE OF CREDIT: A bank line of credit on which the customer pays a commitment fee and can take and repay funds at will. Normally a revolving LOC involves a firm commitment from the bank for a period of several years
More terms such as Revolving line of credit in Dictionary R.
- Definition Rediscount:
- Examples To discount short-term negotiable debt instruments for a second time, after they have been discounted with a bank revolving line of credit definition.
- Definition Registration:
- Examples In the securities market describes process set up pursuant to the Securities Exchange Acts of 1933 and 1934 whereby securities that are to be sold to the public are reviewed by the SEC revolving line of credit explain.
- Definition Reoffering Yield:
- Examples In a purchase and sale, the yield to maturity at which an underwriter offers to sell bonds to investors revolving line of credit what is.
- Definition Randomized Strategy:
- Examples A strategy of introducing into the decision-making process a chance element that is designed to confound the information content of the decision-maker's observed choices revolving line of credit meaning.
- Definition Rundown:
- Examples A summary of the amount and prices of a serial bond issue that is still available for purchase revolving line of credit abbreviation.
