Words / R / Business

revolver

noun/rɪˈvɒlvə/

C2CEFR level
88/100Rarity: very rare
TechnicalRegister

A borrower who carries a balance on a credit card from month to month rather than clearing it.

Card issuers earn most from revolvers, who pay interest, not from those who settle in full each month.

Topic: Finance in Business English

Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.

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More business words: Finance