What is the definition of a revolver
- Posted on November 21, 2019
- Financial Terms
- By admin admin
A firm's revolver is a line of short-term credit which the firm can access when it needs short-term funding to pay for operating expenses or one-time transactions. The revolver is always used for short-term financing and is almost always paid off very quickly. The revolver can be thought of as a credit card for companies.
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