REVOLVING LINE OF CREDIT in commercial banking is a contractual agreement between a bank and, usually, a company where the bank agrees to provide loans up to a specified maximum over a specified period, usually a year or more. In consumer banking, it is a loan account requiring monthly payments less than the full amount of the loan, and the balance is carried forward with a finance charge on that balance. Also known as REVOLVING CREDIT.
BE, dependent upon usage, can mean Best Estimate, Best Effort, or Bill of Exchange.
FISCALIST is an economist who prefers that the government affect the economy by raising and lowering taxation and/or government spending.
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