Definition of Open-end credit

1. Noun. A consumer credit line that can be used up to a certain limit or paid down at any time.




Open-end Credit Pictures

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Lexicographical Neighbors of Open-end Credit

open(a)
open-air
open-air(a)
open-air market
open-air marketplace
open-and-shut
open-angle glaucoma
open-arse
open-book
open-chain
open-closed principle
open-collar
open-collared
open-door policy
open-end credit (current term)
open-end fund
open-end investment company
open-end wrench
open-ended
open-eyed
open-face
open-face sandwich
open-faced
open-handed
open-heart surgery
open-hearted
open-hearth
open-hearth process
open-label trial

Literary usage of Open-end credit

Below you will find example usage of this term as found in modern and/or classical literature:

1. Problems Surrounding the Mortgage Origination Process: Congressional Hearing edited by Lauch Faircloth, Connie Mack (2000)
"When the current TILA rules for open end credit secured by the home were being designed, both the fluid nature of the product and the state of technology as ..."

2. Personal Finance by Robert S. Rosefsky (2001)
"open-end credit In the typical installment loan, the borrower receives a lump sum of money and pays ... In open-end credit, that's not necessarily the case. ..."

3. Regulatory Burden: Some Agencies’ Claims Regarding Lack of Rulemaking by Curtis Copeland (1999)
"For example, 12 CFR 226.5(b)(l) and (2) state that for open-end credit, the creditor must furnish initial disclosures before the first transaction is made ..."

4. OECD Economics Glossary: English-French = Glossaire de L'économie de L'OCDE by Oecd (2006)
"... uV officially-supported export credit crédit à l'exportation bénéficiant d'un soutien public [BAN,COM] open-end Credit crédit permanent (renouvelable) ..."

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