Overdraft: Difference between revisions
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imported>Doug Williamson m (Category added 9/10/13 and spacing) |
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It is also known as a demand loan, as it is repayable to the bank on demand. | It is also known as a demand loan, as it is repayable to the bank on demand. | ||
== See also == | == See also == | ||
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* [[Revolving credit facility]] | * [[Revolving credit facility]] | ||
* [[Round tripping]] | * [[Round tripping]] | ||
[[Category:Liquidity_management]] | |||
Revision as of 10:30, 9 October 2013
A line of credit which is applied to a current account and may be drawn on demand.
It is also known as a demand loan, as it is repayable to the bank on demand.
