Revolving Line Of Credit

Business / Finance / 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.

Other Words for Credit

Credit Noun Synonyms: belief, faith, trust, credence
Credit Verb Synonyms: ascribe, acknowledge, attribute, assign, impute
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Other Words for Line

Line Noun Synonyms: wrinkle, crease, crinkle, furrow, crow's-foot
Line Adjective Synonyms: mark, pencil-mark, pen-mark, rule, score, stroke, underline, underscore, diagonal, slash, virgule, shilling-mark, solidus, separatrix, oblique
Line Verb Synonyms: interline, cover, face, ceil
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Open-End Credit

Business / Finance / Open-End Credit: Revolving line of credit that is extended with every purchase or cash advance. MORE

Packers And Stockyards Act Of 1921

Business / Agriculture / Packers And Stockyards Act Of 1921: P.L. 67-51 (August 15, 1921) remains, in amended form, the basic authority for USDA to regulate marketing practices in the livestock, poultry, and meat industries. The law was enacted to prevent unfai MORE

Paid Time Off (PTO)

Business / Human Resources (HR) / Paid Time Off (PTO): A benefit program granting employees a specific number of vacation or personal days off which that are paid by the employer. The number of days is generally based on the employer’s policy for accrua MORE

Pace Of Play

Entertainment / Golf / Pace Of Play: Time taken to play a stroke, hole or round, usually thought of in terms of maximum allowable time with an associated penalty for exceeding that time: covered by rule 6-7 of the usga rule book MORE

Outside Of You

Business / Finance / Outside Of You: Used for listed equity securities. Another order bidding for or offering stock at the same price that the trader has put on the floor himself, represented by another broker in the trading crowd. These MORE

Out-Of-The-Money Option

Business / Finance / Out-Of-The-Money Option: A call option is out of the money if the strike price is greater than the market price of the underlying security. That is, you have the right to purchase a security at a price higher than the market MORE

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