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
Homeowners who need a revolving line of credit Homeowners who can make on-time monthly interest payments during the draw period and on-time monthly payments during the repayment period.
—
Kelsey Neubauer, CNBC, 21 Feb. 2026
The kinds of loans, called Home Equity Line of Credit (HELOC), that are being targeted by the scammers are a line of credit that a bank or other financial institution will extend to a homeowner using their home as collateral.
—Kevin Collier, NBC news, 14 Feb. 2026
Another financing alternative would be a home equity line of credit or home equity loan, using your current home as collateral.
—Liz Weston, San Diego Union-Tribune, 8 Feb. 2026
Alpha Omega is still paying off that line of credit nearly a year later — and won’t be able to get another one if funding is delayed again.
—Natalie Wallington, MLK50, 3 Feb. 2026
See All Example Sentences for line of credit
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Kelsey Neubauer, CNBC, 21 Feb. 2026
The kinds of loans, called Home Equity Line of Credit (HELOC), that are being targeted by the scammers are a line of credit that a bank or other financial institution will extend to a homeowner using their home as collateral.
—Kevin Collier, NBC news, 14 Feb. 2026
Another financing alternative would be a home equity line of credit or home equity loan, using your current home as collateral.
—Liz Weston, San Diego Union-Tribune, 8 Feb. 2026
Alpha Omega is still paying off that line of credit nearly a year later — and won’t be able to get another one if funding is delayed again.
—Natalie Wallington, MLK50, 3 Feb. 2026
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 25 Feb. 2026.
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