A revolving credit agreement is a form of financing consisting of short-term, unsecured promissory notes issued by firms with a high credit standing.

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A revolving credit agreement is a type of loan that provides a borrower with a maximum aggregate amount of capital, accessible at any time up to the maximum limit. It is not specifically related to short-term, unsecured promissory notes, which are more accurately described as commercial paper.

A Revolving Credit Agreement Is a Form of Financing Consisting