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
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
Negative marks on a borrower's credit report can make securing a new line of credit more difficult and more expensive.
—Dan Perry, Newsweek, 3 Jan. 2025
Build Out Short And Long-Term Forecasts Build a short-term and long-term forecast to determine banking needs such as line of credit, equipment financing or long-term debt.
—Expert Panel®, Forbes, 19 Dec. 2024
The company also received a $4 billion revolving line of credit, bringing its total liquidity to more than $10 billion.
—Hayden Field, CNBC, 18 Dec. 2024
See all Example Sentences for line of credit 
Examples are automatically compiled from online sources to
show current usage.
Read More
Opinions expressed in the examples do not represent those of Merriam-Webster or its editors.
Send us feedback.
Quartz Bot, Quartz, 8 Jan. 2025
Negative marks on a borrower's credit report can make securing a new line of credit more difficult and more expensive.
—Dan Perry, Newsweek, 3 Jan. 2025
Build Out Short And Long-Term Forecasts Build a short-term and long-term forecast to determine banking needs such as line of credit, equipment financing or long-term debt.
—Expert Panel®, Forbes, 19 Dec. 2024
The company also received a $4 billion revolving line of credit, bringing its total liquidity to more than $10 billion.
—Hayden Field, CNBC, 18 Dec. 2024
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 16 Jan. 2025.
Copy CitationLove words? Need even more definitions?
Merriam-Webster unabridged
Share