credit limit

noun

: 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.

Examples of credit limit in a Sentence

Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Consider asking for a higher credit limit to improve utilization. Paris Goodman, Fort Worth Star-Telegram, 30 July 2025 People with weaker credit who apply for one may meet with rejection, or be offered a card with a vanishingly low credit limit. Daniel De Visé, USA Today, 27 June 2025 Additionally, depending on your overall credit limit, charging such a significant amount could harm your credit utilization ratio. Amy Wagner, The Enquirer, 2 July 2025 Eventually, Advance stopped increasing her credit limit and her monthly payment had increased to $230 a month, almost a third of her disability check. Adam Friedman, ProPublica, 26 June 2025 See All Example Sentences for credit limit

Browse Nearby Words

Cite this Entry

“Credit limit.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/credit%20limit. Accessed 21 Aug. 2025.

Last Updated: - Updated example sentences
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!