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 company is managing its cash flow through a line of credit from the Industrial and Commercial Bank of China.
—
Quartz Bot, Quartz, 14 Nov. 2024
This is why Synchrony has introduced a new initiative to connect a leading pet health insurance company, Pets Best Insurance, with Care Credit, a line of credit.
—Jessica Ourisman, Forbes, 3 Nov. 2024
Klein explained that there's a $650,000 line of credit with $500,000 drawn on it.
—Hannah Kirby, Journal Sentinel, 19 Oct. 2024
Benefits of a business line of credit: • Flexible access to funds as needed.
—Joseph Lustberg, Forbes, 23 Oct. 2024
See all Example Sentences for line of credit 
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Quartz Bot, Quartz, 14 Nov. 2024
This is why Synchrony has introduced a new initiative to connect a leading pet health insurance company, Pets Best Insurance, with Care Credit, a line of credit.
—Jessica Ourisman, Forbes, 3 Nov. 2024
Klein explained that there's a $650,000 line of credit with $500,000 drawn on it.
—Hannah Kirby, Journal Sentinel, 19 Oct. 2024
Benefits of a business line of credit: • Flexible access to funds as needed.
—Joseph Lustberg, Forbes, 23 Oct. 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 19 Nov. 2024.
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