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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.

WSJ | Buy Side: Business line of credit lenders offer an ongoing source of funding without the need to reapply for funds, but costs can be high.

From The Wall Street Journal

The largest funds are of a size where a line of credit isn’t enough to cover redemptions completely, especially for successive quarters.

From The Wall Street Journal

Because this lending is often structured as a line of credit, funds that come under pressure from their own investors could look to draw down more funding.

From The Wall Street Journal

Before any remaining funds can be paid to your friend, all liens — second mortgages, home-equity lines of credit and any other judgments — must be satisfied from whatever is left over.

From MarketWatch

Another business in the area said it had to open a new line of credit to manage rising costs.

From The Wall Street Journal