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Line of Credit

An agreement between a bank and a company or an individual to provide a certain amount in loans on demand from the borrower. The borrower is under no obligation to actually take out a loan at any particular time, but may take part of the funds at any time over a period of several years. This agreement is fairly common in situations in which a business must make payroll but does not always have the operating income to do so, especially when its operating income is seasonal or otherwise varies from month to month. It is also called open-end credit or a revolving line of credit. See also: Credit Card.


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He further highlighted the link between terrorist financing and the proliferation of small arms, and stressed the need for all parliaments to ratify the ECOWAS Convention on Small Arms and Light Weapons, Their Ammunition and Other Related Materials.
Born in New Toronto, she is now 90 years old and can still recall the year that she spent working at Small Arms.
It would cover all conventional weapons, from small arms to tanks, warships and missile systems.
I examine why global small arms control norms are largely weak or nonexistent, and explain why the prospects for stronger norms are few.
More broadly, the universe of small arms control depicted in Part II has produced no better than limited results, this 'evident in the lack of a common, conceptually coherent objective, limited governmental capacity and geographic coverage, and the provision of insufficient resources'.
The group's annual report concluded that the unauthorized transfer of small arms and light weapons into the underground market contributes to crime, insurgency and violence throughout the world.
are extremely concerned about the illicit trafficking in small arms, light weapons and ammunition in the region which threatens the security of CARICOM Member States and impairs their economic and social development.
The ceremony was held while a workshop on small arms control by the Association of Southeast Asian Nations is being held in Phnom Penh on a four-day schedule.
In recent years attention has been focused by international organizations and non-governmental organizations in various fora on the issue of international small arms and light weapons transfers (SA/LW) to less-developed nations undergoing civil conflicts.
The Presbyterian Church in Canada witnesses the destructive impact of small arms in many of the countries where the church supports mission staff and relief and development programs," wrote Welsh.
Gun banners must have been in shock because Annan's words were a complete reversal from the lead-up to the original 2001 Small Arms conference, where Annan enthusiastically endorsed a report of the UN "Group of Governmental Experts on Small Arms" which suggested that "States should work toward .
Campaigners are handing over a petition calling for tougher arms controls to United Nations secretary-general Kofi Annan, at the opening of the two-week UN Small Arms Review Conference in New York.

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