See Also: Revolving line of credit(finance)
Revolving line of credit(money)
Revolving Credit(money)
Revolving credit agreement(finance)
Revolving credit agreement(money)
Line of credit(finance)
Line of Credit(money)
Credit Line(law)
Credit Line(money)
Backup Line of Credit(money)

stasis (iou) and Revolving line of credit (finance)


stasis (iou)



stasis noun. . M18.
[mod. Latin from Greek, lit. 'standing, stoppage; party, faction', from sta- base of histanai STAND verb.]
Medicine. A stagnation or stoppage of flow due usu. to obstruction, as of the blood or lymph, or of the intestinal contents. M18.
gen. Inactivity; stagnation; a state of equilibrium. E20.
Times Literary Supplement We see him in the moment of stasis before action.
Psychoanalysis. The presence of high energy or excitement in the libido caused esp. by repression and thought to produce neurosis. M20.
Party faction, civil strife. M20.

Revolving line of credit (finance)


A bank line of credit on which the customer pays a commitment fee and can take and repay funds at will. Normally a revolving LOC involves a firm commitment from the bank for a period of several years.