revolving account

  

Definition

Charge or credit account that does not have to be paid in full (reduced to a zero balance) before obtaining goods or services against the available credit limit.

Related Videos




http://www.businessdictionary.com/definition/revolving-account.html

Have a question about revolving account? Ask for help in the
Community
advertise here

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z