What does RC mean in Banking?

This page is about the meanings of the acronym/abbreviation/shorthand RC in the Business field in general and in the Banking terminology in particular.

Revolving Credit

Business » Banking

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Submitted by VanThai on August 30, 2023

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Definition

What does RC mean?

rc
rc is the command line interpreter for Version 10 Unix and Plan 9 from Bell Labs operating systems. It resembles the Bourne shell, but its syntax is somewhat simpler. It was created by Tom Duff, who is better known for an unusual C programming language construct called Duff's device. A port of the original rc to Unix is part of Plan 9 from User Space. A rewrite of rc for Unix-like operating systems by Byron Rakitzis is also available but includes some incompatible changes. Rc uses C-like control structures instead of ALGOL-like, as the original Bourne shell uses, except that it uses a construct if not instead of else and has a Bourne-like for loop to iterate over lists. In rc all variables are lists of strings, which eliminates the need for constructs like "$@".

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"RC." Abbreviations.com. STANDS4 LLC, 2024. Web. 21 Dec. 2024. <https://www.abbreviations.com/term/2685208>.

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