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 periodicals archive ?
NEW YORK -- With commercial real estate credit spreads at historically wide levels and certain commercial banks consolidating, Fitch Ratings is focusing on the pricing and renewal risks related to committed unsecured revolving lines of credit of U.
GMAC-RFC Health Capital, part of GMAC-RFC's Business Capital Group, provides unregulated capital solutions including revolving lines of credit, cash flow term loans, fixed asset term loans and real estate bridge loans to healthcare enterprises.
CFC has not borrowed under the facilities; total available revolving lines of credit under the three facilities in place at March 23, 2005, is $5,000 million.
CFC maintains 364-day and multi-year revolving lines of credit primarily to provide liquidity support for outstanding commercial paper and certain other short-term obligations.
The new agreement terminates the revolving lines of credit on April 9, 2004.