Revolving Credit

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A type of creditAn arrangement in which an item for sale is received by the ... agreement, e.g., a creditAn arrangement in which an item for sale is received by the ... card, in which a person is given a specified creditAn arrangement in which an item for sale is received by the ... limit which can be paid in full or in part, usually on a monthly basis. If the amount owing is paid in full in the first month then usually no interest is charged. When the full creditAn arrangement in which an item for sale is received by the ... limit has been reached a payment must be made before the creditAn arrangement in which an item for sale is received by the ... card can be used again.