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Definitions

line of credit

NOUN
maximum credit for a customer
Synonyms


Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

A line of credit comes with risks for both parties.

From MarketWatch

Savers Value Village also expanded its revolving line of credit by $55 million and can now pay down debt without a penalty thanks to the September transaction.

From The Wall Street Journal

Consumer credit expert John Ulzheimer said in July that liens can complicate a person’s ability to obtain a mortgage or a company’s chances of securing lines of credit.

From Los Angeles Times

They reached out to several potential architects and secured a line of credit for $300,000.

From Los Angeles Times

This applies not just to mortgages but to opening a new credit card or applying for a home-equity line of credit.

From MarketWatch