What does OPEN-END CREDIT mean?
Definitions for OPEN-END CREDIT
open-end cred·it
This dictionary definitions page includes all the possible meanings, example usage and translations of the word OPEN-END CREDIT.
Princeton's WordNet
open-end credit, revolving credit, charge account creditnoun
a consumer credit line that can be used up to a certain limit or paid down at any time
ChatGPT
open-end credit
Open-end credit, also known as revolving credit, is a type of credit agreement that allows borrowers to spend, repay, and then borrow again up to their credit limit. Unlike closed-end credit which is used for a specific purpose and involves a fixed amount, open-end credit has no set payment terms and provides flexibility to the user. Examples of open-end credit include credit cards and lines of credit.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of OPEN-END CREDIT in Chaldean Numerology is: 4
Pythagorean Numerology
The numerical value of OPEN-END CREDIT in Pythagorean Numerology is: 6
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"OPEN-END CREDIT." Definitions.net. STANDS4 LLC, 2023. Web. 4 Dec. 2023. <https://www.definitions.net/definition/OPEN-END+CREDIT>.
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