Recent Examples of credit line from the Web
Some of the major findings: Credit card companies extended more than $4 trillion in credit lines – used or unused – as of mid-2017.
The company said the credit line, which is backed by company assets, will be used for working capital and other corporate purposes.
The sanctions prohibit Western companies from extending new long-term credit lines to VTB and other Russian banks, but allow loan repayments.
Merrill brokers receive continuing payments for getting clients to tap credit lines, and those loan balances contribute to year-end bonus calculations, people familiar with the matter said.
The credit line grows at the loan rate plus the annual insurance premium.
In June, the company gained a $3 billion credit line from China’s biggest bank, which also agreed to take a 10 percent stake in the company.
Home Capital has taken steps to shore up its balance sheets in recent months, including securing a C$2 billion credit line and selling half of its commercial mortgages for C$1.16 billion to a unit of private-equity investor KingSett Capital.
That was the fate of so much from the 1980s: there was new stuff to buy, new technology to use, and new credit lines to purchase it on.
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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