Credit term has been cancelled vs Credit term has been revoked

Both phrases are correct, but they are used in slightly different contexts. 'Credit term has been cancelled' is commonly used when a credit agreement or arrangement is terminated, while 'Credit term has been revoked' is more appropriate when a credit privilege or right is taken away. The choice between the two depends on the specific situation being described.

Last updated: March 31, 2024 • 753 views

Credit term has been cancelled

This phrase is correct and commonly used in English.

This phrase is used when a credit agreement or arrangement is terminated or no longer valid.

Alternatives:

credit term has been terminated
credit term has been ended
credit term has been nullified
credit term has been invalidated
credit term has been discontinued

Credit term has been revoked

This phrase is correct and commonly used in English.

This phrase is used when a credit privilege or right is taken away or withdrawn.

Alternatives:

credit term has been withdrawn
credit term has been rescinded
credit term has been annulled
credit term has been canceled
credit term has been invalidated

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Credit term has been cancelled vs Credit term has been revoked