Revolving credit agreement

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Revolving credit agreement
	• A line of credit guaranteed to a borrower by a chartered bank regardless of the scarcity of money.
	• A legal commitment wherein a bank promises to lend a customer up to a specified maximum amount during a specified period.

	Follow this link for all the terms related to agreement, credit.

	Embedded terms in definition
	Commitment Credit Lend Line of credit

	Related Terms
	Best efforts agreement Bond agreement Bretton woods agreement Cash deficiency agreement Comparative credit analysis Concession agreement Consumer credit Credit Credit analysis Credit crunch Credit enhancement Credit monitoring Credit period Credit policy Credit rating services Credit rationing Credit risk Credit scoring Credit scoring models Credit selection Credit spread Credit standards Credit terms Demand line of credit Double tax agreement Equity contribution agreement Evergreen credit Federal credit agencies Firm agreement Fiscal agency agreement Five c's of credit Five cs of credit Foreign tax credit Forward rate agreement Four c's of credit Full faith and credit obligations General agreement on tariffs and trade gatt Interest rate agreement Investment tax credit Letter of credit l/c Letters of credit Line of credit Master repurchase agreement North american free trade agreement nafta Note agreement Partnership agreement Preferred stock agreement Purchase agreement Raw material supply agreement Repurchase agreement repo or rp Retail credit Reverse repurchase agreement Revolving line of credit Revolving loans Sale repurchase agreement Security agreement Smithsonian agreement Standby agreement Standby letters of credit slc's Tax clawback agreement Term loan agreement Throughput agreement Tolling agreement Trade credit

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