Meaning Revolving Liability
What does Revolving Liability mean? Here you find 3 meanings of the word Revolving Liability. You can also add a definition of Revolving Liability yourself
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Revolving LiabilityA credit arrangement, such as a credit card, that allows a customer to borrow against a pre-approved line of credit when purchasing goods and services.
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Revolving LiabilityA credit arrangement, such as a credit card, that allows a customer to borrow against a pre-approved line of credit when purchasing goods and services.
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Revolving LiabilityA credit arrangement, such as a credit card or HELOC, that allows a customer to borrow against a predetermined line of credit when purchasing goods and services. The borrower makes payments on the amount that is actually borrowed plus any interest due.
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