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
That's where the average home equity line of credit (HELOC) interest rate declined this week, the latest in a series of declines that have now brought rates here to their lowest level since 2022, according to Bankrate data.
—
Matt Richardson, CBS News, 26 Mar. 2026
If a new line of credit was opened, that often requires submitting more documentation, completing affidavits and following up until the lender updates its reporting to the credit bureaus.
—Kurt Knutsson, FOXNews.com, 17 Mar. 2026
The funding was comprised of a $250,000 line of credit and $125,000 for marketing and maintenance costs.
—Robert A. Cronkleton
march 5, Kansas City Star, 5 Mar. 2026
An eleventh-hour legal battle resulted in federal court order to temporarily return the funding — but not before the project’s last line of credit ran out, forcing the layoffs of about 1,000 construction workers, Keogh included.
—Evan Simko-Bednarski, New York Daily News, 24 Feb. 2026
See All Example Sentences for line of credit
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Matt Richardson, CBS News, 26 Mar. 2026
If a new line of credit was opened, that often requires submitting more documentation, completing affidavits and following up until the lender updates its reporting to the credit bureaus.
—Kurt Knutsson, FOXNews.com, 17 Mar. 2026
The funding was comprised of a $250,000 line of credit and $125,000 for marketing and maintenance costs.
—Robert A. Cronkleton
march 5, Kansas City Star, 5 Mar. 2026
An eleventh-hour legal battle resulted in federal court order to temporarily return the funding — but not before the project’s last line of credit ran out, forcing the layoffs of about 1,000 construction workers, Keogh included.
—Evan Simko-Bednarski, New York Daily News, 24 Feb. 2026
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 4 Apr. 2026.
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