nonrevolving
Does not spin
Nonrevolving describes credit or debt that doesn't automatically renew after repayment.
A nonrevolving loan provides a fixed sum that, once repaid, is closed—unlike a credit card, where available credit replenishes as you pay it down.
She took out a nonrevolving auto loan.
Outside finance, nonrevolving simply means not rotating or turning.
Fixed securely in position
- rootedFirmly established in place
- fixedRestored or immovable
- immovableIncapable of being shifted
- stableSecure and unchanging
secure · rigid · fastened · affixed · bolted · mounted · grounded · planted
Borrowed money repaid later
- mortgageSecured home loan
- installmentPeriodic partial payment
- amortizationGradual debt reduction schedule
- principalChief school administrator
term · fixed-rate · lender · borrower · repayment · debt · collateral · security
anchored
Fixed securely in position
stable · secure · rigid · fastened · affixed · bolted · mounted · grounded · planted · set
loan
Borrowed money repaid later
- mortgageSecured home loan
- installmentPeriodic partial payment
- amortizationGradual debt reduction schedule
principal · term · fixed-rate · lender · borrower · repayment · debt · collateral · security · default
shaft
Narrow vertical passage
mount · frame · housing · bearing · fixture · bracket · spindle · stand · support · chassis
nonrevolvingrevolving
Turning around a center
revolving credit · renewable · open-ended · reusable · flexible
revolving, revolve, revolves, revolved, revolver, revolvers, revolution, revolutions, revolutionary