revolving credit
A consumer-credit arrangement that allows the borrower to buy goods or secure loans on a continuing basis as long as the outstanding balance does not exceed a specified limit.
¡ª Also termed open credit; revolving charge account. Cf. revolver loan under LOAN. [Cases: Consumer Credit 34. C.J.S. Interest and Usury; Consumer Credit ¡ì 319.]
What is the Chinese interpretation of revolving credit?
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