Meaning REVOLVING CREDIT AGREEMENT: A legal commitment in which a bank promises to lend a customer up to a specified maximum amount during a specified period
More terms such as Revolving credit agreement in Dictionary R.
- Definition Restricted Stock:
- Examples traded in compliance with special SEC regulations concerning its purchase and resale. These restrictions generally result from affiliate ownership, M;A activity, and underwriting activity revolving credit agreement definition.
- Definition Reading The Tape:
- Examples Judging the performance of stocks by monitoring changes in price as they are displayed on the ticker tape revolving credit agreement explain.
- Definition Registered Security:
- Examples Used in the context of general equities. Securities whose owner's name is recorded on the books of the issuer or the issuer's agent, called a registrar revolving credit agreement what is.
- Definition Range Forward:
- Examples A forward exchange rate contract that places upper and lower bounds on the future cost of foreign exchange revolving credit agreement meaning.
- Definition Recession:
- Examples A temporary downturn in economic activity, usually indicated by two consecutive quarters of a falling GDP revolving credit agreement abbreviation.
