Sovi.AI - AI Math Tutor

Scan to solve math questions

QUESTION IMAGE

fill in the blank question a loan made on a continuous basis is called

Question

fill in the blank question
a loan made on a continuous basis is called

Explanation:

Brief Explanations

This is a business finance term referring to a loan that can be borrowed, repaid, and re-borrowed continuously, with no fixed end date, as long as the borrower stays within the agreed credit limit.

Answer:

revolving credit