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Definitions

line of credit

NOUN
maximum credit for a customer
Synonyms


Example Sentences

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Your mother could take out a reverse mortgage or a home-equity line of credit to pay off her credit-card debt, depending on her home’s equity and her credit, income and age.

From MarketWatch Jun. 27, 2026

Borrowers should avoid asking for an increase if they plan to spend frivolously with the extended line of credit, however, because that negates any attempt to improve their credit-utilization ratio.

From MarketWatch Jun. 16, 2026

To cover costs, they took out a $300,000 home equity line of credit.

From The Wall Street Journal Jun. 13, 2026

Vertical Aerospace announced new funding, including $50 million in common stock, up to $50 million in debt, and a $500 million equity line of credit.

From Barron's Mar. 30, 2026

She owes the grocery store up the block so much money, it cuts off her line of credit.

From "Enrique's Journey" by Sonia Nazario




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