revolving credit facility
B1CEFR level
55/100Rarity: uncommon
TechnicalRegister
A committed line of credit that the borrower may repeatedly draw, repay and redraw up to an agreed limit during the availability period.
The group uses its revolving credit facility to manage day-to-day working capital needs.
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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