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
The average rate on a home equity line of credit (HELOC) declined again this week, according to Bankrate data released on Wednesday.
—
Matt Richardson, CBS News, 5 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
Homeowners who need a revolving line of credit Homeowners who can make on-time monthly interest payments during the draw period and on-time monthly payments during the repayment period.
—Kelsey Neubauer, CNBC, 21 Feb. 2026
See All Example Sentences for line of credit
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Matt Richardson, CBS News, 5 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
Homeowners who need a revolving line of credit Homeowners who can make on-time monthly interest payments during the draw period and on-time monthly payments during the repayment period.
—Kelsey Neubauer, CNBC, 21 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 12 Mar. 2026.
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