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单词 revolving credit facility
释义
revolving credit facility
revolving credit facility an arrangement (usually with a bank) that requires the borrower to undertake to make regular periodic pay- ments into a designated account in return for the facility to borrow on that account up to a specified sum, the amount of which is usual-

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right of abode

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ly expressed as a multiple of each contractual payment into the account. See FIXED CREDIT.

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更新时间:2025/7/1 15:17:28