Also known as a charge account, this is a form of credit that is given to an individual by a financial institution. The borrower can access the account whenever it is deemed necessary and usually comes with lower interest rates than credit cards.

Previous Terms: 1031 Exchange, 1035 Exchange, AARP, Abeyance, Abstraction Principle, Accelerated Amortization, Acceptance Credit, Acceptance of a Bill of Exchange, Accommodation Bill, Accommodation Endorser