revolving charge account

revolving charge account
noun
a charge account that does not have to be paid to zero balance
Hypernyms: ↑credit account, ↑charge account, ↑open account

* * *

a charge plan offerring revolving credit.
[1965-70]

Useful english dictionary. 2012.

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Look at other dictionaries:

  • revolving charge account — An arrangement between a seller and a buyer pursuant to which: (1) the seller may permit the buyer to purchase goods or services on credit either from the seller or pursuant to a seller credit card, (2) the unpaid balances of amounts financed… …   Black's law dictionary

  • revolving charge account — An arrangement between a seller and a buyer pursuant to which: (1) the seller may permit the buyer to purchase goods or services on credit either from the seller or pursuant to a seller credit card, (2) the unpaid balances of amounts financed… …   Black's law dictionary

  • revolving charge account — a charge plan offerring revolving credit. [1965 70] * * * …   Universalium

  • charge account — noun credit extended by a business to a customer • Syn: ↑credit account, ↑open account • Hypernyms: ↑open end credit, ↑revolving credit, ↑charge account credit • Hyponyms: ↑ …   Useful english dictionary

  • charge account — System of purchasing goods and services on credit, under which customer agrees to settle or make payments on his balance within a specified time or periodically. See Consumer Credit Protection Act revolving charge account …   Black's law dictionary

  • charge account — System of purchasing goods and services on credit, under which customer agrees to settle or make payments on his balance within a specified time or periodically. See Consumer Credit Protection Act revolving charge account …   Black's law dictionary

  • revolving charge — 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 account does not exceed a certain limit. Dictionary from West s Encyclopedia… …   Law dictionary

  • charge account credit — noun a consumer credit line that can be used up to a certain limit or paid down at any time • Syn: ↑open end credit, ↑revolving credit • Hypernyms: ↑consumer credit • Hyponyms: ↑credit account, ↑cha …   Useful english dictionary

  • charge — verb To impose a burden, duty, obligation, or lien; to create a claim against property; to assess; to demand; to accuse; to instruct a jury on matters of law. To impose a tax, duty, or trust. To entrust with responsibilities and duties (e.g. care …   Black's law dictionary

  • charge — verb To impose a burden, duty, obligation, or lien; to create a claim against property; to assess; to demand; to accuse; to instruct a jury on matters of law. To impose a tax, duty, or trust. To entrust with responsibilities and duties (e.g. care …   Black's law dictionary

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