revolving credit

Questions about revolving credit

What does revolving credit mean?

revolving 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 revolving credit?

Close synonyms include open-end 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 revolving credit a common word?

revolving 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.