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
Three of the four men now on trial, including Solages, worked for CTU; the fourth, a Weston mortgage broker, is accused of financing the plot through a line of credit.
—
Jacqueline Charles, Miami Herald, 15 Apr. 2026
And, with a home equity line of credit (HELOC), specifically, homeowners will enjoy the benefits of an interest rate that's lower than what's otherwise available with home equity loans, personal loans and credit cards.
—Matt Richardson, CBS News, 8 Apr. 2026
The track did get authorization for up to $8 million to continue operations, and is seeking a line of credit up to $16 million, attorney Barry Chatz told the board.
—Robert McCoppin, Chicago Tribune, 19 Mar. 2026
If a new line of credit was opened, that often requires submitting more documentation, completing affidavits and following up until the lender updates its reporting to the credit bureaus.
—Kurt Knutsson, FOXNews.com, 17 Mar. 2026
See All Example Sentences for line of credit
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.
Jacqueline Charles, Miami Herald, 15 Apr. 2026
And, with a home equity line of credit (HELOC), specifically, homeowners will enjoy the benefits of an interest rate that's lower than what's otherwise available with home equity loans, personal loans and credit cards.
—Matt Richardson, CBS News, 8 Apr. 2026
The track did get authorization for up to $8 million to continue operations, and is seeking a line of credit up to $16 million, attorney Barry Chatz told the board.
—Robert McCoppin, Chicago Tribune, 19 Mar. 2026
If a new line of credit was opened, that often requires submitting more documentation, completing affidavits and following up until the lender updates its reporting to the credit bureaus.
—Kurt Knutsson, FOXNews.com, 17 Mar. 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 27 Apr. 2026.
Copy CitationLove words? Need even more definitions?
Merriam-Webster unabridged
