Revolving Credit

A line of credit where the customer pays a commitment fee and is then allowed to use the funds when they are needed. It is usually used for operating purposes, fluctuating each month depending on the customer’s current cash flow needs. Often referred to as “revolver.” Source: Term of the Day .....

Polish Senate approves controversial judicial bill

A bill that would give Poland’s populist government the power to push all the nation’s Supreme Court judges into retirement passed the upper house of the National Assembly early Saturday, Reuters reported. Source: CNN .....