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
This is due to adding another line of credit, having a hard credit inquiry performed and lowering your average credit account age, all of which influence your credit score.
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Ashley Donohoe, Sacramento Bee, 21 Mar. 2025
But Agarwal told Ars that sales on Shopify and TikTok Shop have increased each quarter, most recently selling 30,000 units on TikTok, which allowed Polygons to take out a bigger line of credit to fund more manufacturing.
—Ars Technica, 14 Mar. 2025
Federal contracting experts say these types of contracts are misleading to include in a tally of savings because these methods act more as a line of credit for agencies to make purchases, instead of a maximum value that can be saved.
—Stephen Fowler, NPR, 1 Mar. 2025
Harper and Toupin rented office space, hired employees, found franchising opportunities, obtained a line of credit for RAD, and sent financial reports to Valentine and Bone, those two say.
—Justin Wingerter, The Denver Post, 26 Feb. 2025
See All Example Sentences for line of credit
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Ashley Donohoe, Sacramento Bee, 21 Mar. 2025
But Agarwal told Ars that sales on Shopify and TikTok Shop have increased each quarter, most recently selling 30,000 units on TikTok, which allowed Polygons to take out a bigger line of credit to fund more manufacturing.
—Ars Technica, 14 Mar. 2025
Federal contracting experts say these types of contracts are misleading to include in a tally of savings because these methods act more as a line of credit for agencies to make purchases, instead of a maximum value that can be saved.
—Stephen Fowler, NPR, 1 Mar. 2025
Harper and Toupin rented office space, hired employees, found franchising opportunities, obtained a line of credit for RAD, and sent financial reports to Valentine and Bone, those two say.
—Justin Wingerter, The Denver Post, 26 Feb. 2025
See All Example Sentences for 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 28 Mar. 2025.
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