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nonrevolving

From Wiktionary, the free dictionary

English

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Etymology

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From non- +‎ revolving.

Adjective

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nonrevolving (not comparable)

  1. Not revolving, especially (finance) not being a revolving credit or revolving loan.
    • 2009 July 9, The Associated Press, “Consumers, Still Wary, Borrowed Less in May”, in New York Times[1]:
      Demand for nonrevolving credit used to finance cars, vacations, education and other things dipped at a 0.3 percent pace in May, or by $367 million.