Credit, revolving (revolving credit)

An agreement between the creditor and debtor permitting the borrower to draw down funds up to a quantified maximum for a stated period of time. – See user fee, credit, evergreen.

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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/