Business / Finance / Revolving Credit Agreement: A legal commitment in which a bank promises to lend a customer up to a specified maximum amount during a specified period.
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Agreement Noun Synonyms: understanding, covenant, treaty, pact, accord, compact, settlement, concordat, contract, bargain, deal
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Credit Verb Synonyms: ascribe, acknowledge, attribute, assign, impute
Credit Noun Synonyms: belief, faith, trust, credence
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Business / Taxes / Credit Line: A credit line, or line of credit, is a revolving credit agreement that allows you to write checks or make cash withdrawals of amounts up to your credit limit. When you use the credit ?€” sometimes MORE
Business / Taxes / Credit Limit: A credit limit, also known as a credit line, is the maximum amount of money you can borrow under a revolving credit agreement. For instance, if you have a credit card with a credit limit of $3,000, an MORE
Lifestyle / Time Shares / Linked Agreement: Two agreements, appearing to be separate, which are in fact linked. For example, in areas where laws prohibiting the taking of deposits on timeshare property exist, the buyer may be presented with bot MORE
Business / Real Estate / Listing Agreement: A written employment agreement between a property owner and a real estate broker authorizing the broker to find a buyer or a tenant for certain real property. Listing can take the form of open listing MORE
Business / Loan / Loan Agreement: A written contract between a lender and a borrower that sets out the rights and obligations of each party regarding a specified loan. MORE
Business / Finance / Loose Credit: Policy by the Federal Reserve Board to make loans less expensive and more available by reducing interest rates through open market operations. MORE