revolver loan

A single loan that a debtor takes out in lieu of several lines of credit or other loans from various creditors, and that is subject to review and approval at certain intervals.

• A revolver loan is usu. taken out in an attempt to resolve problems with creditors. Cf. revolving credit under CREDIT (4).

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词条贡献者

译员Bernardine，毕业于英国顶尖的高级翻译学院，专注翻译各种与医疗保健及生命科学有关的法律文件。