Question

open - end credit is
a loan given for a short period of time that is not dependent on credit history.
pledged to a company as security for a loan repayment.
an amount of time during which a loan can be repaid without interest.
an agreement with an institution on a certain amount that can be repeatedly borrowed.

Explanation:

Open-end credit is a revolving credit arrangement where a borrower can repeatedly access a set amount of credit, repay it, and borrow again, as defined by standard finance and credit terms. The other options describe short-term loans, collateral, and interest-free repayment periods, which do not match the definition of open-end credit.

Answer:

an agreement with an institution on a certain amount that can be repeatedly borrowed.