line of credit

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Related to Revolving Line: Revolving credit facility, Available Credit

line of credit

n. pl. lines of credit
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

line of credit

n
(Banking & Finance) US and Canadian another name for credit line
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014

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]
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.
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
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
References in periodicals archive ?
Houston, TX, August 03, 2019 --(PR.com)-- United Capital's customer, a high growth, start up entity, secures a $6MM revolving line of credit to support their growth.
Enter the business line of credit, or a revolving line of credit.
We have no long-term debt, and our revolving line of credit is paid down to zero.
The new agreement consists of a USD100m term loan A, USD50m delayed draw term loans and USD50m revolving line of credit, each maturing on 26 June 2024.
International Resource News-June 15, 2017--BNK Petroleum (US) receives USD75,000,000 revolving line of credit
(KOOL) said it has closed a revolving line of credit with Boyalife Investment Fund II, Inc.
(NYSE: BANC), the holding company for Banc of California, National Association, today announced it has expanded the Company's undrawn, revolving line of credit from $25 million to $75 million.
(NASDAQ: ATRC) has entered into an amended and resaid term loan and revolving line of credit agreement with Silicon Valley Bank, providing access to a new USD 25m five-year term loan, as well as renewing a USD 15m revolving line of credit, the company said.
The deal is backed with a 30-year loan of $417,000 from Premia Mortgage LLC of Santa Ana, California, and a $55,439 revolving line of credit from TCF National Bank of Sioux Falls, South Dakota.
Modern Systems also announced that it had entered into an amendment to its existing loan agreement with Comerica Bank to increase the non-formula revolving line up to the amount of USD2 million backed by guarantees; increase the borrowing base revolving line amount up to USD1.5 million upon the closing of the ATERAS merger; and extend the loan maturity date to December 31, 2015.
New York, Sept 22 ( ANI ): JP Morgan Chase and Morgan Stanley have bagged leading roles on a planned revolving line of credit for Twitter ahead of the company's IPO.