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
On April 16, a week after that panicked text message from Banfield, Wynn floated another proposal to the bank, this time asking if the school could get a line of credit to cover expenses through the summer.
—
Jennifer Palmer, Oklahoma Watch, 9 Jan. 2026
In order to afford his parents’ house in Mazatlán, José took out a two-hundred-thousand-dollar home-equity line of credit on the San Bernardino house, which was already in his name because of the difficulties that undocumented Americans face when trying to qualify for mortgages.
—Jordan Salama, New Yorker, 30 Dec. 2025
The monthly cost to borrow $50,000 through a home equity line of credit (HELOC) has dropped by more than $100 compared to early 2024, according to the latest ICE Mortgage Monitor report.
—Brendan Dyer, CBS News, 29 Dec. 2025
In some cases, this might mean recommending a customer toward another mortgage product such as a home equity line of credit.
—Geoff Green, Fortune, 22 Dec. 2025
See All Example Sentences for line of credit
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Jennifer Palmer, Oklahoma Watch, 9 Jan. 2026
In order to afford his parents’ house in Mazatlán, José took out a two-hundred-thousand-dollar home-equity line of credit on the San Bernardino house, which was already in his name because of the difficulties that undocumented Americans face when trying to qualify for mortgages.
—Jordan Salama, New Yorker, 30 Dec. 2025
The monthly cost to borrow $50,000 through a home equity line of credit (HELOC) has dropped by more than $100 compared to early 2024, according to the latest ICE Mortgage Monitor report.
—Brendan Dyer, CBS News, 29 Dec. 2025
In some cases, this might mean recommending a customer toward another mortgage product such as a home equity line of credit.
—Geoff Green, Fortune, 22 Dec. 2025
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 15 Jan. 2026.
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