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
Wings will need to know details of the programs and get assurance that the government will repay the line of credit, according to the letter.
—
Gina Lee Castro, jsonline.com, 17 Oct. 2025
SecureEquity is also only available as a lump sum, while HomeSafe can be received in one payment, monthly installments or as a line of credit.
—Kelsey Neubauer, CNBC, 13 Oct. 2025
Try to maintain a high credit score by paying down debt, make payments on time and do not load up debt anywhere close to the maximum available line of credit.
—Susan Tompor, USA Today, 24 Sep. 2025
How Flipping The Script Can Help Nonprofits By flipping the script, nonprofits can treat tapping into a line of credit as a bridge rather than a lifeline.
—Sherry Quam Taylor, Forbes.com, 18 Sep. 2025
See All Example Sentences for line of credit
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Gina Lee Castro, jsonline.com, 17 Oct. 2025
SecureEquity is also only available as a lump sum, while HomeSafe can be received in one payment, monthly installments or as a line of credit.
—Kelsey Neubauer, CNBC, 13 Oct. 2025
Try to maintain a high credit score by paying down debt, make payments on time and do not load up debt anywhere close to the maximum available line of credit.
—Susan Tompor, USA Today, 24 Sep. 2025
How Flipping The Script Can Help Nonprofits By flipping the script, nonprofits can treat tapping into a line of credit as a bridge rather than a lifeline.
—Sherry Quam Taylor, Forbes.com, 18 Sep. 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 21 Oct. 2025.
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