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RLOC
(redirected from Revolving line of credit)

   Also found in: Financial, Wikipedia 0.01 sec.
AcronymDefinition
RLOCRevolving Line Of Credit
RLOCRemote Logistics Operations Center (wireless telecommunications applications)


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? References in periodicals archive
Open-end credit generally refers to a revolving line of credit (such as a credit card account) where repeated transactions are expected, the available credit is replenished as unpaid balances are repaid, and finance charges are assessed on unpaid balances.
CTC), Franklin, Indiana, signed a credit facility with The Provident Bank to provide a three-year revolving line of credit for up to $5 million and a five-year term loan of $3 million.
Alterra received commitments from a syndicate of banks led by Houston-based Bank United for an $80 million revolving line of credit.
 
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