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
Wealth matters could also be on your mind, with an inheritance, bonus, line of credit, debts, assets and investments present.
—
Kyle Thomas, People.com, 23 Feb. 2025
For big-ticket expenses or ongoing capital needs, look into options such as a business line of credit or term loan.
—Eyal Lifshitz, Forbes, 20 Feb. 2025
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
See All Example Sentences for line of credit
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Kyle Thomas, People.com, 23 Feb. 2025
For big-ticket expenses or ongoing capital needs, look into options such as a business line of credit or term loan.
—Eyal Lifshitz, Forbes, 20 Feb. 2025
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
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 3 Mar. 2025.
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