running-account credit

running-account credit
A personal credit agreement that enables a person to receive loans from time to time from a bank or other lender provided that a specified credit limit is not exceeded. Interest is charged on the amount loaned during any period.

Big dictionary of business and management. 2014.

Look at other dictionaries:

  • running account credit — a facility under a personal credit agreement whereby the debtor is enabled to receive from time to time (whether in his own person or by another person) from the creditor or a third party cash, goods and services (or any of them) to an amount in… …   Law dictionary

  • running account — An open unsettled account, as distinguished from a stated and liquidated Running accounts mean mutual accounts and reciprocal demands between the parties, which accounts and demands remain open and unsettled. See also charge account revolving… …   Black's law dictionary

  • Credit card — Personal finance Credit and debt Pawnbroker Student loan Employment contract Salary Wage Empl …   Wikipedia

  • account — Synonyms and related words: a reckoning of, account current, account for, account of, account rendered, account stated, accounting, accounts, acquaintance, acta, adjudge, adjudicate, advantage, aggregate, allow, allow for, allowance, amount,… …   Moby Thesaurus

  • Running with Scissors (album) — Running with Scissors Studio album by Weird Al Yankovic Released June 29, 1999 …   Wikipedia

  • account — I n. description report 1) to give, render an account 2) an accurate, true; biased, one sided; blow by blow, detailed, full; eyewitness; fictitious; first hand; running; vivid account (she gave a detailed account of the incident) 3) newspaper,… …   Combinatory dictionary

  • account — /ə kaυnt/ noun 1. a record of financial transactions over a period of time, such as money paid, received, borrowed or owed ● Please send me your account or a detailed or an itemized account. 2. (in a shop) an arrangement which a customer has to… …   Marketing dictionary in english

  • account — /ə kaυnt/ noun 1. a record of financial transactions over a period of time, such as money paid, received, borrowed or owed ● Please send me your account or a detailed or an itemised account. 2. (in a shop) an arrangement which a customer has to… …   Dictionary of banking and finance

  • Credit card terminal — A typical credit card terminal that is still popular today A Credit card terminal is a device that can do transactions with a debit card or a credit card. Several types of credit card terminals are available to merchants. Most have the same basic …   Wikipedia

  • Running gags on Pardon the Interruption — The longevity and popularity of the ESPN show Pardon the Interruption , like its sister show Around the Horn , has led to numerous running jokes between hosts Michael Wilbon and Tony Kornheiser that longtime viewers recognize. Some of these… …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”