0 an arrangement for borrowing from a bank where money can be taken and paid back up to an agreed limit, and interest is charged only on the amount that remains, which may be paid off at any time within the period of the loan:
Overdrafts and credit card facilities are further examples of open-end credit.
NYA ORD
European
May 10, 2021
DAGENS ORD
Shimmer
open-end credit