What is REVOLVING ACCOUNT?

A credit or charge account that is not been paid in full before it is used again.

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Related Legal Terms
REVOLVING CREDIT, REVOLVING CREDIT FACILITY, REVOLVING FUND, REVOLVING DEBT, REVOLVING LETTER OF CREDIT (L/C), REVOLVING UNDERWRITING FACILITY (RUF), REVOLVING, REVOLVING COLLATERAL, REVOLVING LOAN, TRANSFERABLE REVOLVING UNDERWRITING FACILITY (TRUF)


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