Glossary

Welcome to SFNet's Secured Finance Glossary of industry terms. Currently the SFNet Glossary has over 400 industry terms and definitions. You can search specific terms in the search tool above, or use the alpha tool below and progress on the paginations.
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Return to Vendor (RTV) arrow
The return of goods to the original vendor, bypassing the distributor.
Revolver arrow
A Revolving Line of Credit (RLOC, Revolver) is a type of loan usually provided to a corporate borrower or individual by a bank or other financial institution. It is a line of credit used for operating purposes and can fluctuate each month depending on the customer's current cash flow need.
Right of First Refusal arrow
Right of First Refusal is a legal right that gives its holder the option to enter into a business transaction with the owner of something, according to specified terms, before the owner is entitled to enter into that transaction with a third party. 
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