revolving loan
revolving loan noun: a type of loan that is secured against a property and allows the owner to borrow and repay money at leisure. Periodic payments of at least accumulated interest are required, but the loan is fully open: it may be paid out in whole or in part at any time and, if there is still money available under the loan ceiling, the borrower may take more money for his or her use.
Noun
revolving loan (plural revolving loans)
- A type of loan that is secured against a property and allows the owner to borrow and repay money at leisure. Periodic payments of at least accumulated interest are required, but the loan is fully open: it may be paid out in whole or in part at any time and, if there is still money available under the loan ceiling, the borrower may take more money for his or her use.
Forms of revolving loan
| plural | revolving loans |
|---|
Questions about revolving loan
- What does revolving loan mean?
- Revolving loan means a type of loan that is secured against a property and allows the owner to borrow and repay money at leisure. Periodic payments of at least accumulated interest are required, but the loan is fully open: it may be paid out in whole or in part at any time and, if there is still money available under the loan ceiling, the borrower may take more money for his or her use.
- What part of speech is revolving loan?
- Revolving loan is a noun.
- What is the plural of revolving loan?
- The plural of revolving loan is revolving loans.
Words near revolving loan in the dictionary
Source and license
Adapted from Wiktionary: revolving loan (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.
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Cite this entry: “revolving loan.” Word.ws, https://word.ws/revolving_loan. Based on Wiktionary, CC BY-SA 4.0.