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
Net cash used in investing activities was $17.0 million, primarily due to the acquisition of Baby Boom Consumer Products, Inc.
The company reported $10.2 million in cash provided by financing activities, largely due to borrowings under its revolving line of credit and a term loan.
—
Quartz Intelligence Newsroom, Quartz, 12 Feb. 2025
The card requires a $300 minimum security deposit that acts as your line of credit.
—Ryley Amond, CNBC, 12 Feb. 2025
Sezzle’s solution is to aggregate a user’s transactions for each month and report it as a single revolving line of credit (like a credit card).
—Hank Tucker, Forbes, 10 Feb. 2025
Preferred Rewards Program Bank of America customers who meet balance requirements can get up to $600 off their origination fee or qualify for a rate reduction on a home loan or home equity line of credit.
—Kelsey Neubauer, CNBC, 30 Jan. 2025
See all Example Sentences for line of credit 
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Quartz Intelligence Newsroom, Quartz, 12 Feb. 2025
The card requires a $300 minimum security deposit that acts as your line of credit.
—Ryley Amond, CNBC, 12 Feb. 2025
Sezzle’s solution is to aggregate a user’s transactions for each month and report it as a single revolving line of credit (like a credit card).
—Hank Tucker, Forbes, 10 Feb. 2025
Preferred Rewards Program Bank of America customers who meet balance requirements can get up to $600 off their origination fee or qualify for a rate reduction on a home loan or home equity line of credit.
—Kelsey Neubauer, CNBC, 30 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 21 Feb. 2025.
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