credit line

noun

Definition of credit line

2 : a line, note, or name that acknowledges the source of an item (such as a news dispatch or television program)

Examples of credit line in a Sentence

Recent Examples on the Web Within a day, the Podesta Group’s bank, citing the special counsel’s investigation and the draining of the firm’s accounts to pay the staff’s legal fees, canceled its credit line, rendering the firm illiquid, Mr. Podesta said. New York Times, 8 July 2021 Earning an income is petty; the truly rich leverage debt to fund their lavish lifestyles, with a credit line in the billions of dollars. Whizy Kim, refinery29.com, 8 June 2021 As the Future Group struggled under debt, Reliance showed a willingness to supply a credit line for its products. New York Times, 7 June 2021 In 2014, for example, Oracle revealed that its CEO, Ellison, had a credit line secured by about $10 billion of his shares. Jesse Eisinger, ProPublica, 29 May 2021 Simon said Penney still has $1.2 billion in cash and no borrowing on its credit line. Maria Halkias, Dallas News, 11 May 2021 The balance of the credit line is used for monthly draws during the first 10 years. Jack Guttentag, Forbes, 19 Apr. 2021 The credit line/annuity combination has some other advantages over the tenure payment. Jack Guttentag, Forbes, 19 Apr. 2021 Neiman Marcus also has a $900 million credit line with no borrowings, more than $200 million in cash from the sale of a couple of distribution centers in Texas and money left over from the new debt offering. Maria Halkias, Dallas News, 30 Mar. 2021

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'credit line.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of credit line

1888, in the meaning defined at sense 2

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Time Traveler for credit line

Time Traveler

The first known use of credit line was in 1888

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Dictionary Entries Near credit line

credit limit

credit line

credit man

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Statistics for credit line

Last Updated

22 Jul 2021

Cite this Entry

“Credit line.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/credit%20line. Accessed 28 Jul. 2021.

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