Terms Used In Maryland Code, COMMERCIAL LAW 12-908

• Grantor: The person who establishes a trust and places property into it.
• Revolving credit: A credit agreement (typically a credit card) that allows a customer to borrow against a preapproved credit line when purchasing goods and services. The borrower is only billed for the amount that is actually borrowed plus any interest due. (Also called a charge account or open-end credit.) ^{Source: OCC}