Okla. Stat. tit. 14A, § 14A-3-108: Definition: "Revolving loan account"

"Revolving loan account" means an open-end credit plan between a

lender and a debtor under

(1) which the lender reasonably contemplates repeated

transactions, which prescribes the terms of such transactions, and

pursuant to which the lender will permit the debtor to obtain loans

from time to time; and

(2) which provides for a loan finance charge which is not

precomputed but is computed on the outstanding unpaid balances of

the debtor's account from time to time.