Definition of credit limit
: the most money that a bank or business will allow a person to borrow Some banks will charge a fee if you go over your credit limit.
Word by Word Definitions
: reliance on the truth or reality of something
: the balance in a person's favor in an account
: an amount or sum placed at a person's disposal by a bank
: to trust in the truth of : believe
: to supply goods on credit to
: to bring credit or honor upon
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