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Preferred term

Revolving credit

Type

Type of entity
  • CBS concept

Definition

A complete explanation of the intended meaning of a concept
  • Type of credit where the lender can take out money up to an agreed level. The lender periodically repays a fixed amount plus interest on the total amount he/she has taken out. The amounts repaid are added to the balance and can be used again by the lender

Broader concept

Broader concept

Source

Source for the description of the concept.

Identifier

  • 608afc66-09e3-4454-b1b1-daf3be07e80b-nl-nl

Version

  • 1

In other languages

Terms for the concept in other languages.

URI

https://vocabs.cbs.nl/def/begrippen/740

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