Speakur

Word Pronunciation & Dictionary

revolving loan

Word Rarity Rare

Frequency: Zipf frequency 3.39 in modern English

Syllables
re-volv-ing loan
IPA
20
Scrabble Score
13
Letters
3
Syllables
9
Unique Chars

Meaning

noun

A type of loan that is secured against a property and allows the owner to borrow and repay money at leisure. Periodic payments of at least accumulated interest are required, but the loan is fully open: it may be paid out in whole or in part at any time and, if there is still money available under the loan ceiling, the borrower may take more money for his or her use.

Inflected Forms

revolving loans (plural)

Questions

What does revolving loan mean?
A type of loan that is secured against a property and allows the owner to borrow and repay money at leisure. Periodic payments of at least accumulated interest are required, but the loan is fully open: it may be paid out in whole or in part at any time and, if there is still money available under the loan ceiling, the borrower may take more money for his or her use.

How to pronounce revolving loan

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