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revolving credit facility

Polish translation: kredyt odnawialny

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:revolving credit facility
Polish translation:kredyt odnawialny
Entered by: Teresa Jaczewska
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19:16 Jan 2, 2003
English to Polish translations [PRO]
Bus/Financial - Finance (general) / banking
English term or phrase: revolving credit facility
In addition, to providing the ability to define authorized and unauthorized overdraft limits on deposit accounts, revolving credit facilities may be linked to deposit accounts to facilitate overdraft coverage. Through the creation of products a number of processing characteristics can be defined including automatic sweeping of funds from a linked account to cover any debit balance outstanding. The system supports the ability to define deposit accounts as a source of funds, a recipient of funds or both.
Piotr Wichrowski
Poland
Local time: 07:17
kredyt odnawialny
Explanation:
:)

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Note added at 2003-01-02 19:28:56 (GMT)
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line of credit extended to a business; credit facility that is good for a stated period of time, but does not have a fixed repayment schedule. The borrower may draw down the line at any time or repay it in full without penalty.
Selected response from:

Teresa Jaczewska
Local time: 07:17
Grading comment
4 KudoZ points were awarded for this answer

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Summary of answers provided
3 +1kredyt odnawialny
Teresa Jaczewska


  

Answers


6 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +1
kredyt odnawialny


Explanation:
:)

--------------------------------------------------
Note added at 2003-01-02 19:28:56 (GMT)
--------------------------------------------------

line of credit extended to a business; credit facility that is good for a stated period of time, but does not have a fixed repayment schedule. The borrower may draw down the line at any time or repay it in full without penalty.

Teresa Jaczewska
Local time: 07:17
Works in field
Native speaker of: Native in PolishPolish
PRO pts in category: 12

Peer comments on this answer (and responses from the answerer)
agree  Piotr Kurek: ew. rewolwingowy
1 min
  -> dzięki!
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