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closed circuit
closed-circuit television
closed company
closed corporation
closed couplet
closed-door
closed economy
closed-end
closed-end credit
closed-end fund
closed-end investment company
closed fracture
closed interval
closed loop
closed-minded
closed mortgage
closed season
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World English Dictionary
Dictionnaire Français

closed-end credit
closed-end cred·it


noun 
Definition:
 
credit with a time limit: credit that specifies the time by which a loan must be paid and the forfeiture of collateral if it is not.
See also  revolving credit
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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