open-end credit

Questions about open-end credit

What does open-end credit mean?

open-end credit means "a consumer credit line that can be used up to a certain limit or paid down at any time".

What is another word for open-end credit?

Close synonyms include revolving credit, charge account credit. Each sense on this page lists its own synonyms, because a word with several meanings rarely has one substitute that works for all of them.

Is open-end credit a common word?

open-end credit is banded "Rare" — specialist or archaic — most readers will not have met it. The band comes from how often the word appears in a large corpus of everyday English, not from an editor's impression.