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 Return On Assets (ROA):
- Examples profitability. Determined by dividing net income for the past 12 months by total average assets. Result is shown as a percentage. ROA can be decomposed into return on sales (net income/sales revolving line of credit definition.
- Definition Reuters:
- Examples International news and quotation service based in London revolving line of credit explain.
- Definition Real Capital:
- Examples Wealth that can be represented in financial terms, such as savings account balances, financial securities, and real estate revolving line of credit what is.
- Definition Rate Lock:
- Examples An agreement between the mortgage banker and the loan applicant guaranteeing a specified interest rate for a designated period, usually 60 days revolving line of credit meaning.
- Definition Rate Of Return:
- Examples Calculated as the (value now minus value at time of purchase) divided by value at time of purchase. For equities, we often include dividends with the value now. See also: Return, annual rate of return revolving line of credit abbreviation.
