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
One Citigroup client who had collected several pieces from Pablo Picasso and Claude Monet used them to secure a line of credit to cover taxes tied to estate planning, another common use of this product.
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Will Daniel, Fortune, 16 Aug. 2024
That team, which was run by Sam’s on-and-off girlfriend Caroline Ellison, could take a virtually unlimited line of credit from FTX without getting flagged for internal review, and use it to make bigger and bigger trades.
—Andrew R. Chow, TIME, 6 Aug. 2024
The company denied all of Fuller’s claims — which led to his lending institution dropping his operating line of credit.
—Tribune News Service, The Mercury News, 30 July 2024
Here are some key findings from the WalletHub study:
27% of the credit-building products examined do not provide an actual loan or line of credit that gives customers access to usable funds.
—Betty Lin-Fisher, USA TODAY, 23 July 2024
See all Example Sentences for line of credit 
Will Daniel, Fortune, 16 Aug. 2024
That team, which was run by Sam’s on-and-off girlfriend Caroline Ellison, could take a virtually unlimited line of credit from FTX without getting flagged for internal review, and use it to make bigger and bigger trades.
—Andrew R. Chow, TIME, 6 Aug. 2024
The company denied all of Fuller’s claims — which led to his lending institution dropping his operating line of credit.
—Tribune News Service, The Mercury News, 30 July 2024
Here are some key findings from the WalletHub study:
27% of the credit-building products examined do not provide an actual loan or line of credit that gives customers access to usable funds.
—Betty Lin-Fisher, USA TODAY, 23 July 2024
See all Example Sentences for line of credit
These examples are programmatically compiled from various online sources to illustrate current usage of the word 'line of credit.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
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“Line of credit.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/line%20of%20credit. Accessed 23 Sep. 2024.
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