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line of credit

credit line (def 2).
Origin of line of credit
1955-60 Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2015.
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Examples from the web for line of credit
  • You'll need a big win or big line of credit to feel comfortable here.
  • If you have a contractual line of credit, the bank is obligated to maintain that.
  • We used the line of credit from our homes and a portfolio of real estate investments and other holdings to finance the purchase.
  • If your lender does not want to restore your line of credit, shop around to see what other lenders have to offer.
  • The questions and answers listed may help you decide if a home equity line of credit is right for you.
  • The lender may not establish a minimum monthly payment or line of credit draw.
  • When you apply for a home equity line of credit, you pay many of the same fees you did with your original home mortgage.
British Dictionary definitions for line of credit

line of credit

(US & Canadian) another name for credit line
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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