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A revolving loan is a particularly flexible financing tool as it may be drawn by a borrower by way of straightforward loans, but it is also possible to incorporate different types of financial accommodation within it – for example, it is possible to incorporate a letter of credit, a swingline (that is, a short-term borrowing that is funded on ...
from Spanish chocolate, from Nahuatl xocolatl meaning "hot water" or from a combination of the Mayan word chocol meaning "hot" and the Nahuatl word atl meaning "water." Choctaw from the native name Chahta of unknown meaning but also said to come from Spanish chato (="flattened") because of the tribe's custom of flattening the heads of male infants.
Consumer leverage ratio. In economics, consumer debt is the amount owed by consumers (as opposed to amounts owed by businesses or governments). It includes debts incurred on purchase of goods that are consumable and/or do not appreciate.
Credit card APRs continue to grow. For revolving credit card accounts, the average APR margin is now a whopping 14.3%, the highest level in recent history, according to the CFPB. A separate CFPB ...
Credit card numbers are either 15 or 16 digits, with each digit having its own meaning and purpose. Keeping your credit card number safe can help prevent fraudulent purchases and the stress they ...
Double action revolver: A revolver whose trigger performs two actions, firing the round, and cocking the hammer. Double rifle: A rifle that has two barrels, usually of the same caliber. Like shotguns, they are configured either in over-and-under or side-by-side. Drilling: A firearm with three barrels (from the German word drei for three ...
A revolver is a repeating handgun with at least one barrel and a revolving cylinder containing multiple chambers (each holding a single cartridge) for firing. Because most revolver models hold up to six cartridges, before needing to be reloaded, revolvers are commonly called six shooters or sixguns . [ 1 ]
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