NOUN
- a consumer credit line that can be used up to a certain limit or paid down at any time
How To Use revolving credit In A Sentence
- The rating firm said the company is more reliant on its revolving credit lines because of the elimination of commercial paper.
- Group/Parent Senior Unsecured rating: A2/Stable Timely Payment Indicator ( "TPI") (note 2): Probable Covered Bonds Rating: Aaa TPI Leeway (note 2): 1 notch (es) The reason for this is that LSnsf÷rsSkringar Bank AB provides an revolving credit facility to LSnsf÷rsSkringar Moody's Global Credit Research RSS Research Feed - Subscribe Today - AlacraStore.com
- Revolving Credit: a credit facility with a pre-determined limit.
- A PTC "checklist" obtained by USA TODAY, and first reported in a July 2009 story, shows that banks can increase card earnings by "charg (ing) late charges regardless of how late a revolving credit customer becomes" and "consider (ing) a reduction in the number of grace days. U.S. exported its aggressive credit card fees worldwide
- Long-term borrowings at December 31 now amount to £469.5m which includes a £46.0m drawdown under a revolving credit facility.
- Quiznos owes lenders led by Goldman Sachs Group Inc. $575 million under a term loan and $70 million under a revolving credit line that matures in May. Near Default, Quiznos Taps Advisers
- Sprint Nextel, a troubled American telecoms company, recently replaced a $6 billion revolving credit facility with a $4.5 billion loan agreement due in 2010.
- Under the details announced last week, Chrysler secured $3.2 billion in bonds, $3 billion in a term loan and a $1.3 billion revolving credit facility. Chrysler Sets Payback
- Debt to income ratio and revolving credit used by the borrower is also provided. Is Peer-to-Peer Lending Working for You? - Bits Blog - NYTimes.com
- The company is also putting in place a new revolving credit facility of up to 20 million. Times, Sunday Times
