Back to Glossary of Broadband Grant Terms

Revolving Credit Line

Also Known As: Revolver

Revolving Credit Line Banner Image

A type of financing that allows a borrower to maintain an open credit line up to a specified limit and make minimum monthly payments based on the balance and interest rate per the credit agreement. A revolving credit line typically comes with a variable interest rate set by a bank, meaning it can fluctuate with market conditions.

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Related Broadband Grant Terms

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Debt

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Secured Debt

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Unsecured Debt

Broadband Grant Terms

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63-20 Financing

A

ACP Administrative Expenses Aerial Deployment Aerial Installation Affidavit Application Model Area Challenge Module ARPA ARPU Asymmetric Attestation

D

Data Packet Davis-Bacon Act (for BEAD)Debt Debt/EBITDA Digital Divide Digital Equity Act Programs Digital Inclusion DPP DSL DSRC

E

EBITDA EBITDA Margin Economic Development Incentive Eligible Community Anchor Institution Eligible Entity equity shares Ethernet Cable EV

F

Fabric FCC Feasibility Study Fiber Fiber to the Home Fiber to the home/premises/curb/node Final Proposal Formula Grant FRN FTTC FTTH FTTN FTTP

G

GAN GO Bond Grant Adjusted YOC Grant Revenue Anticipation Notes Gross Profit Margin Ground Deployment Guaranteed Bank Loan

H

I

ILEC In-kind Matching Funds Indian Tribe Infrastructure Investment & Jobs Act Initial Funding Availability Initial Proposal Internet Exchange Facility Internet Protocol IRBs IRU ISP

L

Last Mile Legal Expenses Letter of Credit Limited-Tax General Obligation Pledge Loan LOC Local Coordination Low-Cost Broadband Service Option

M

Make Ready Work Match Funding Matching Funds for BEAD Grants MDU Challenge Module Mezz Debt Middle Mile Millimeter Wave Mobile Monitoring, Reporting and Performance Management Multi-Dwelling Unit Muni Bond

N

Native American Native Entity Net Working Capital Network Node Nielsen’s Law of Internet Bandwidth NOFO NTIA

O

OLT ONT Outside Plant

P

Packet Loss Peering and Transit Agreements Ping Point to Point PPP Preferred Equity Private Activity Bonds Project Finance

R

RDOF ReConnect RECs Reliability Reliable Broadband Service Request for Initial Planning Funds Revenue BondRevolverRural Utility Service

S

SAFE Satellite Internet Secondary Addresses Secured Debt Security Senior Debt Shareholders’ Equity Speed Speed Test Module State Subgrantee Subgrantee Selection Subordinated Debenture Subsidiarity Symmetric

T

Take Rate Tax-Exempt Debt Taxable Debt Telecommunications Act of 1996 Tier 1, 2, 3 Tribal Broadband Connectivity Program Tribal Data Sovereignty Tribal Government Tribal Land Trust Land

U

Underserved Underserved Service Project Universal Service Fund Unlevered Returns Unlimited-Tax General Obligation Pledge Unsecured Debt Unserved community Unserved Service Project Upload and download Utility

W

Wi-Fi Wi-Fi Router Wireless

Y

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