Legal Dictionary of Pakistan
Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.
revolver loan
A single loan that a debtor takes out in lieu of several lines of credit or other loans from various creditors, and that is subject to review and approval at certain intervals. ( A revolver loan is usu. taken out in an attempt to resolve problems with creditors. Cf. revolving credit under CREDIT (4).