Forms of lending that are unsecured, revolve (i.e. they do not represent a fixed amount for a fixed time, can be added to and reduced), and are uncommitted (i.e. able to be withdrawn at any time). An example would be a credit card or an overdraft facility.
Knowledge is the key to success. That is why we have gone to great lengths to get you these business terms and jargon, and explain them in Plain English. Its very easy to comprehend. Learn to understanding and know your business jargon. This will keep you informed among your peers. Bookmark Your business dictionary.