Open-end credit is a loan from a bank or other financial institution that the borrowercan draw on repeatedly, up to a certain pre-approved amount, and that has no fixed end date for full repayment. Open-end credit is also referred to as revolving credit. Credit cards are one common examp...
Open-End Credit is also known as revolving credit. Learn how it can affect your credit score today at Chase.
(Close-end credit) is a credit arrangement in which the borrower must repay the amount owned plus interest in a specific number of equal plans, usually monthly. (Open-ended)credit is extended in advance of any transactionso that the borrower does not need to repay each time credit is desire...
open-end credit Open-End Credits open-end fund open-end investment company open-end trust open-end wrench open-ended opener open-eyed open-face sandwich open-faced open-field Open-front furnace openhanded open-handed openhandedness open-handedness ...
Related to Open-End Credit:credit facilities A type of revolving account that permits an individual to pay, on a monthly basis, only a portion of the total amount due. This type ofConsumer Creditis frequently used in conjunction with bank and department store credit cards. ...
as a credit card, you could borrow money periodically—usually up to a certain limit without a specific date for paying off all the money that’s owed. Lowering the amount you owe by making regular payments frees up more money to borrow. Open-end credit is also known asrevolving credit. ...
学习acca,了解专业的财经类词汇必不可少。为了方便大家学习,中公财经为大家整理了acca考试中常见的财经词汇。不清楚的同学快来看一看吧! 【English Terms】 Open End Credit 【中文翻译】 开放性信贷 【详情解释/例子】 预先核准,可重复使用,直至达到预定限额的贷款 ...
Risk awareness is vital for investors. As markets fluctuate, your investment may make or lose money. In addition to general investment risks that investors tend to focus on, each fund is exposed specific risks such as inflation, interest rate fluctuations, credit control, and tightened liquidity....
The African savanna elephant, also known as the African bush elephant, is distributed across 37 African countries. They move between a variety of habitats, including forests, grasslands, woodlands, wetlands and agricultural land. (46) They sometimes travel more than sixty miles to find food or wa...
The maximum amount available to borrow, known as therevolving credit limit, can change. Accountholders can request an increase, or the lender might automatically raise the limit for borrowers who have proved responsibility. The lender might also reduce the limit if the customer'scredit...