line of credit

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Related to Revolving Credit Lines: Revolving credit facility

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 periodicals archive ?
With this facility the total amount of revolving credit lines is US$ 5 billion, as we already have an existing US$ 3 billion line, which will mature in 2016.
In particular, Sberbank will extend two non-revolving credit lines each amounting to RUB1bn, another non-revolving credit line worth RUB500m and a RUB1bn revolving credit line.
5 billion of various revolving credit lines and facilities available as of June 30, 2004.
NEW YORK -- Credit card asset-backed securities trends will remain stable despite concerns over elevated consumer debt levels and the potential for reload of revolving credit lines in a rising interest rate environment, according to Fitch Ratings.