fixed-sum credit definition
fixed-sum credit means a facility under a credit agreement whereby the borrower is enabled to receive credit (whether in one amount or by instalments) but which is not running-account credit;
fixed-sum credit means credit available otherwise than on a current or running account;
fixed-sum credit means credit that is not running-account credit, (running-account credit being credit that, under the terms of the agreement under which it is provided, is available from time to time in the form of cash, goods or services, or a combination of any of those things);