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 ?
About United Capital Partners: United Capital Partners works with a team of finance professionals with an average twenty years of experience in funding equipment leasing, working capital loans, revolving lines of credit and bridge debt.
The amended facilities provide an aggregate of USD 360 million of committed funding capacity and are available to finance OnDeck's term loans and revolving lines of credit.
Working capital: Revolving lines bridge the gap between funding operating expenses and collection of receivables.