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credit line

   Also found in: Financial, Encyclopedia, Wikipedia, Hutchinson 0.07 sec.
credit line
n.
1. A line of copy acknowledging the source or origin of a news dispatch, published article, or other work.
2. The maximum amount of credit to be extended to a customer. Also called line of credit.
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.credit line - 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
2.credit line - a line giving the name of the writer of a story or article
author's name, writer's name - the name that appears on the by-line to identify the author of a work
line - text consisting of a row of words written across a page or computer screen; "the letter consisted of three short lines"; "there are six lines in every stanza"

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Most businesses maintain an operating credit line on an ongoing basis, and may also hold a term loan at any given time for a specific purpose such as the purchase of a new piece of capital equipment.
has closed a $400 million revolving credit line to be provided by a 14-bank syndicate led by Bank of America.
The new line of credit is made up of a $25 million reducing revolver line, an uncommitted $15 million increase to the reducing revolver and a $10 million revolving credit line.
 
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