单词 | rollover credit |
释义 | > as lemmasrollover credit rollover credit n. Finance (chiefly in plural) a line of credit for which interest rates are adjusted at fixed intervals with reference to the market rate. ΚΠ 1970 Times 30 Apr. 28/2 There is the growing concern that perhaps the condition of the borrowers is not always examined as closely as might be desirable, especially as many of these roll over credits are given without any security whatsoever. 1973 P. Einzig Roll-over Credits i. 3 One of the most important changes has been the evolution..of the system of roll-over credits—medium term credits with variable interest rates which are adjusted at fixed intervals to changes in the current market rates for short-term credits. 2008 L. Oxelheim & C. Wihloborg Corporate Decision-making with Macroecon. Uncertainty iii. 54 One response to high inflation uncertainty has been to increase the use of roll-over credits and flexible interest..loans. < as lemmas |
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