See Also: Revolving line of credit(finance)
Revolving line of credit(money)
Cation(medicine)
cation(encyclopedia)
cation(dictionary)
Cation(health)
cation exchange(medicine)
cation exchanger(medicine)
cation exchange resins(medicine)
cation-exchange resin(medicine)

Revolving line of credit (finance) and cation (iou)


Revolving line of credit (finance)


A bank line of credit on which the customer pays a commitment fee and can take and repay funds at will. Normally a revolving LOC involves a firm commitment from the bank for a period of several years.





cation (iou)



cation noun. M19.
[from CAT(HODE or CATA- + ION.]
A positively-charged ion, i.e. one which would be attracted to a cathode. Opp. ANION.
cati'onic adjective of or pertaining to cations; of the Nature of a cation: E20.