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
Longbridge is a particularly good option for high-value homes: The Longbridge Platinum offering a line of credit of up to $4 million.
—
Kelsey Neubauer, CNBC, 20 May 2025
On top of that, place a fraud alert with a credit bureau so no one can easily open a new line of credit in your name.
—Kurt Knutsson, FOXNews.com, 20 May 2025
For example, a line of credit can provide ongoing access to capital, while equipment financing might be ideal for businesses looking to purchase machinery or vehicles.
—Joseph Lustberg, Forbes.com, 14 May 2025
Now may be an ideal time for some SMBs to leverage a line of credit.
—Wendy Cai-Lee, Forbes.com, 7 May 2025
See All Example Sentences for line of credit
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Kelsey Neubauer, CNBC, 20 May 2025
On top of that, place a fraud alert with a credit bureau so no one can easily open a new line of credit in your name.
—Kurt Knutsson, FOXNews.com, 20 May 2025
For example, a line of credit can provide ongoing access to capital, while equipment financing might be ideal for businesses looking to purchase machinery or vehicles.
—Joseph Lustberg, Forbes.com, 14 May 2025
Now may be an ideal time for some SMBs to leverage a line of credit.
—Wendy Cai-Lee, Forbes.com, 7 May 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 24 May. 2025.
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