Share this entry
revolving credit Syllabification: re·volv·ing cred·it
Pronunciation: /rəˈvälviNG ˌkredət/ /rəˈvôlviNG ˌkredət/

Definition of revolving credit in English:


Credit that is automatically renewed as debts are paid off.
Example sentences
  • And about 40% of non-real-estate consumer debt is revolving credit, much of which has adjustable rates.
  • High outstanding debt on credit cards and other revolving credit can decrease your score.
  • Morgan's biggest hit in Hollywood may well be the $1 billion revolving credit it granted DreamWorks in 1992, along with financing for a Gulfstream IV for the studio's execs.
Definition of revolving credit in:
Share this entry

What do you find interesting about this word or phrase?

Comments that don't adhere to our Community Guidelines may be moderated or removed.

Subscribe to remove adverts and access premium resources