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line of credit

noun
1.
credit line (def 2).
Origin
1955-1960
1955-60
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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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

noun
1.
(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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