line of credit
noun phrase
: the maximum credit allowed a buyer or borrower
also
: an agreement providing credit up to a certain amount
Examples of line of credit in a Sentence
Recent Examples on the Web
Overdraft Line Of Credit An overdraft line of credit is a loan attached to a business checking account.
—
Levi King, Forbes, 21 Jan. 2025
Until this move, unpaid medical bills could appear on your credit report, potentially getting in the way of your ability to get approved for a mortgage or other line of credit, as well as impacting your credit score.
—Kamaron McNair, CNBC, 13 Jan. 2025
America's Car-Mart Inc. has initiated discussions with its lending group for an extension of its revolving line of credit, which is scheduled to mature in September 2025.
—Quartz Bot, Quartz, 9 Dec. 2024
The filing also details various financial agreements, including a working capital line of credit and promissory notes for single-family rental home construction.
—Quartz Bot, Quartz, 8 Jan. 2025
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Levi King, Forbes, 21 Jan. 2025
Until this move, unpaid medical bills could appear on your credit report, potentially getting in the way of your ability to get approved for a mortgage or other line of credit, as well as impacting your credit score.
—Kamaron McNair, CNBC, 13 Jan. 2025
America's Car-Mart Inc. has initiated discussions with its lending group for an extension of its revolving line of credit, which is scheduled to mature in September 2025.
—Quartz Bot, Quartz, 9 Dec. 2024
The filing also details various financial agreements, including a working capital line of credit and promissory notes for single-family rental home construction.
—Quartz Bot, Quartz, 8 Jan. 2025
See all Example Sentences for line of credit
Dictionary Entries Near line of credit
Cite this Entry
“Line of credit.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/line%20of%20credit. Accessed 31 Jan. 2025.
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