Revolving Credit Agreement

Business / Finance / 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.

Other Words for Agreement

Agreement Noun Synonyms: understanding, covenant, treaty, pact, accord, compact, settlement, concordat, contract, bargain, deal
MORE

Other Words for Credit

Credit Noun Synonyms: belief, faith, trust, credence
Credit Verb Synonyms: ascribe, acknowledge, attribute, assign, impute
MORE

Credit Line

Business / Taxes / Credit Line: A credit line, or line of credit, is a revolving credit agreement that allows you to write checks or make cash withdrawals of amounts up to your credit limit. When you use the credit — sometimes cal MORE

Credit Limit

Business / Taxes / Credit Limit: A credit limit, also known as a credit line, is the maximum amount of money you can borrow under a revolving credit agreement. For instance, if you have a credit card with a credit limit of $3,000, an MORE

Linked Agreement

Life Style / Time Shares / Linked Agreement: Two agreements, appearing to be separate, which are in fact linked. For example, in areas where laws prohibiting the taking of deposits on timeshare property exist, the buyer may be presented with bot MORE

Listing Agreement

Business / Real Estate / Listing Agreement: A written employment agreement between a property owner and a real estate broker authorizing the broker to find a buyer or a tenant for certain real property. Listing can take the form of open listing MORE

Loan Agreement

Business / Loan / Loan Agreement: A written contract between a lender and a borrower that sets out the rights and obligations of each party regarding a specified loan. MORE

Loose Credit

Business / Finance / Loose Credit: Policy by the Federal Reserve Board to make loans less expensive and more available by reducing interest rates through open market operations. MORE

Links
Home
Glossary
Thesaurus