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Từ vựng:

revolving credit facility

Giải nghĩa:

/rɪˈvɒlvɪŋ ˈkrɛdɪt ˈfəˈsɪlɪti/ – Phrase


Definition: một hình thức tín dụng linh hoạt cho phép khách hàng vay và trả tiền một cách linh hoạt.

A more thorough explanation: a loan of a certain sum which can be partially paid back and then borrowed again during the term of the loan

Example: The revolving credit facility allows the borrower to redraw amounts already paid back as long as the total outstanding is within the approved limits.

 

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