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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.

revolver

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To visit the new Revolve Furnishings blog, visit: http://www.
This latest edition of Revolve makes the technology more intuitive so that new users become productive faster.
Micro Focus Revolve is playing a critical role in helping us identify and document our business processes to ensure that our re-architected systems enhance the quality and efficiency of services we provide to our customers.
With the help of Micro Focus Training, Orkand's application experts benefit immediately from using Revolve for automated inventory, research, analysis and reporting of application components to provide clients with true IT agility.
Revolve Design, a leader in mobile computing solutions, announced today the launch of RoadWriter, the first product that allows users to turn their Palm handheld quickly and easily into a low cost mobile office/ communications solution.