open end credit in a sentence

Ii the creditor may. Examples of Credit in a sentence.


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When you see the.

. But with the original end credits. The noun OPEN-END CREDIT has 1 sense. An open-end loan also sometimes referred to as open-end credit is a form of borrowing that can be used up to a certain limit before it must be repaid.

Sew the sides together creating an open-ended cylinder. The borrower is able. A consumer credit line that can be used up to a certain limit or paid down at any time.

Example sentences with the word credits. One of the reasons why an open-end credit is preferred is that it makes money available to borrowers if and when it is needed. The wing feathers have rounded ends whereas the other figure s wing feathers are open ended.

Open-end credit is not restricted to a specific. Open-end credit is a type of loan that does not have restrictions on the duration of the loan term length. I The creditor reasonably contemplates repeated transactions.

2262 a 20 Open-end credit means consumer credit extended by a creditor under a plan in which. Truth in Lending Regulations. The borrower is under no obligation to actually take out a.

These were reinforced by the familial interdependence of the Capes credit and mortgage obligations. OPEN-END CREDIT used as a. Prosper of Aquitaine describes the historic meeting giving all the credit of the.

Acknowledgment or recognition granted to a person for something they did. They are written in three ways. An arrangement for borrowing from a bank where money can be taken and paid back up to an agreed.

General the term open-end credit means consumer credit extended. Advantages of Open Credit. Examples of Open-ended in a sentence After answering the open-ended question it was difficult to know if I had answered it completely since I could have written a number of things down.

Closed-end credit includes debt instruments that are acquired for a particular purpose and a set amount of time. Lines of credit See credit line. How to use credits in a sentence.

Consumer credit - a line of credit. These are spelled as. 1 n a consumer credit line that can be used up to a certain limit or paid down at any time Synonyms.

Compound words are words that are formed by connecting two or more words together to create a new meaning. Open End Credit synonyms Open End Credit pronunciation Open End Credit translation English dictionary definition of Open End Credit. Open-end credit accounts come with limits for consumers to.

Charge account credit revolving credit. An agreement between a bank and a company or an individual to provide a certain amount in loans on demand from the borrower. Tax credits are normally paid into a bank or building society account.

Nothing is more low and cowardly than to take credit and. 17 Open end credit means credit extended under a plan in which a creditor may permit an applicant to make purchases or obtain loans from time to time directly from the. The regulation carefully defines open-end credit as consumer credit extended under a plan in which i the creditor reasonably contemplates repeated transactions.

Open-end credit - a consumer credit line that can be used up to a certain limit or paid down at any time. An arrangement for borrowing from a bank where money can be taken and paid back up to an agreed. Charge account credit revolving credit Types.


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