REVOLVING CREDIT

Pronunciation (US):

(GB):

IPA (US):

 Dictionary entry overview: What does revolving credit mean? 

• REVOLVING CREDIT (noun)
  The noun REVOLVING CREDIT has 1 sense:

1. a consumer credit line that can be used up to a certain limit or paid down at any time

  Familiarity information: REVOLVING CREDIT used as a noun is very rare.

 Dictionary entry details 

• REVOLVING CREDIT (noun)

Sense 1

Meaning:

A consumer credit line that can be used up to a certain limit or paid down at any time

Classified under:

Nouns denoting possession and transfer of possession

Synonyms:

charge account credit; open-end credit; revolving credit

Hypernyms ("revolving credit" is a kind of...):

consumer credit (a line of credit extended for personal or household use)

Hyponyms (each of the following is a kind of "revolving credit"):

charge account; credit account; open account (credit extended by a business to a customer)

charge card; charge plate; credit card; plastic (a card (usually plastic) that assures a seller that the person using it has a satisfactory credit rating and that the issuer will see to it that the seller receives payment for the merchandise delivered)

debit card (a card (usually plastic) that enables the holder to withdraw money or to have the cost of purchases charged directly to the holder's bank account)

smart card (a plastic card containing a microprocessor that enables the holder to perform operations requiring data that is stored in the microprocessor; typically used to perform financial transactions)

check overdraft credit; overdraft credit (credit provided by a bank in honoring a customer's overdrafts)