英语词汇“open-ended loan”的英英意思、用法、释义、翻译、读音、例句、短语、词组-英语词典

Word forms: (regular plural) open-ended loans

noun

(Finance: Banking, Credit)

An open-ended loan is an extension of credit where money can be borrowed when you need it, and paid back on an ongoing basis, such as a credit card.

An open-ended loan, such as a credit card account or line of credit, does not have a definite term orend date.

A credit card is a kind of open-ended loan, since the money is lent with no fixed end date.

An open-ended loan is an extension of credit where money can be borrowed when you need it, and paidback on an ongoing basis, such as a credit card.

closed-end loan

单词	open-ended loan
释义	open-ended loan in Finance (oʊpən ɛndɪd loʊn) Word forms: (regular plural) open-ended loans noun (Finance: Banking, Credit) An open-ended loan is an extension of credit where money can be borrowed when you need it, and paid back on an ongoing basis, such as a credit card. An open-ended loan, such as a credit card account or line of credit, does not have a definite term orend date. A credit card is a kind of open-ended loan, since the money is lent with no fixed end date. An open-ended loan is an extension of credit where money can be borrowed when you need it, and paidback on an ongoing basis, such as a credit card. closed-end loan
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open-ended loan in Finance