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Revolving Charge Account Definition

Revolving Charge Account Definition. Revolving charge account (noun) definition: In this law dictionary, the legal term revolving charge account is a kind of the accounting class.

How To Manage Debt Using Revolving and Installment Credit Accounts
How To Manage Debt Using Revolving and Installment Credit Accounts from prioritytradelines.com

A charge account that does not have to be paid to zero balance. Revolving charge account in american english. Revolving charge account means an arrangement between a seller and a.

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A charge account that does not have to be paid to zero balance Noun revolving charge account charge account — a business arrangement by which a customer may buy goods or services and pay for them within a specified future period just one synonym. A revolving account is an account created by a financial institution to enable a customer to incur a debt, which is charged to the account, and where the borrower does not have to pay the.

Store Revolving Charge Account Means A Dedicated Line Of Credit With A Business In Which The Revolving Account Can Only Be Used At That Store.


Revolving charge account means an arrangement between a seller and a. Find the dictionary definition of revolving_charge_account from bee english dictionary along with phonetics, audio, usages and articles related to revolving_charge_account Princeton's wordnet (0.00 / 0 votes) rate this definition:

Revolving Charge Account Agreement Means Any Retailrevolving Charge Account Agreement Originally Entered Intobetween An Originatorand An Obligorpursuant Towhich Such Obligor Is.


Revolving charge account contract means an agreement or understanding between a seller and a buyer under which consumer credit sales may be made from time to time, under the terms of. Definition of revolving charge account. Revolving charge account in american english.

A Charge Account That Does Not Have To Be Paid To Zero Balance


Meaning of revolving charge account. A credit card is a financial instrument that offers revolving charges. Modified entries © 2019 by.

A Revolving Charge Refers To A Type Of Credit In Which The Amount Owed And The Length Of Time It Is Owed Are Variable.


Revolving charge account definition, a charge plan offerring revolving credit. A revolving account is an account created by a financial institution to enable a customer to incur a debt, which is charged to the account, and where the borrower does not. A type of credit arrangement that permits a buyer or a borrower to purchase merchandise or obtain loans on a continuing basis as long as the outstanding balance of the.

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