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
With a reverse mortgage, specifically, homeowners age 62 and older can borrow from their home equity via a line of credit, a lump sum of money or even via monthly payments.
—
Matt Richardson, CBS News, 25 Feb. 2026
An eleventh-hour legal battle resulted in federal court order to temporarily return the funding — but not before the project’s last line of credit ran out, forcing the layoffs of about 1,000 construction workers, Keogh included.
—Evan Simko-Bednarski, New York Daily News, 24 Feb. 2026
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
See All Example Sentences for line of credit
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Matt Richardson, CBS News, 25 Feb. 2026
An eleventh-hour legal battle resulted in federal court order to temporarily return the funding — but not before the project’s last line of credit ran out, forcing the layoffs of about 1,000 construction workers, Keogh included.
—Evan Simko-Bednarski, New York Daily News, 24 Feb. 2026
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
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 2 Mar. 2026.
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