line of credit

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line of credit

n. pl. lines of credit

line of credit

n
(Banking & Finance) US and Canadian another name for credit line

cred′it line`


n.
1. a line of text acknowledging the source or origin of published or exhibited material.
2. the maximum amount of credit that a customer is authorized to use.
[1910–15]
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.line of credit - the maximum credit that a customer is allowed
consumer credit - a line of credit extended for personal or household use
credit - money available for a client to borrow
References in classic literature ?
Vincy himself had expensive Middlemarch habits--spent money on coursing, on his cellar, and on dinner-giving, while mamma had those running accounts with tradespeople, which give a cheerful sense of getting everything one wants without any question of payment.
Entered both gentlemen in my Ledger, and opened a running account with each.
But I apprehend that we were personally fortunate in engaging a servant with a taste for cordials, who swelled our running account for porter at the public-house by such inexplicable items as 'quartern rum shrub (Mrs.
In a fourth case, the court heard the testimony of a prosecution witness against a citizen of a Gulf country accused of setting up and running accounts on WhatsApp and Twitter to promote terrorist ideology and publish hatred against the UAE, Saudi Arabia and Egypt.
Only last week, two Emirati sisters aged 39 and 43, were charged with creating and running accounts on social media promoting ISIS and Al Qaeda.