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
In 2024, according to court records, a Fort Lauderdale federal jury convicted Escoe of a single count of wire fraud after she was accused of submitting altered bank statements in a bid to obtain a business line of credit in 2020.
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David Lyons, Sun Sentinel, 8 June 2026
In general, a home equity loan or line of credit is a cheaper, less risky way to tap into your home equity.
—Kelsey Neubauer, CNBC, 29 May 2026
Lande and Sachs invested $50,000 CA of their own savings and later used a line of credit to support cash flow and growth.
—Karl Moore, Forbes.com, 29 May 2026
That noted, the HELOC payments outlined above were calculated on the assumption that the full line of credit will be utilized and repaid immediately.
—Matt Richardson, CBS News, 12 May 2026
See All Example Sentences for line of credit
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David Lyons, Sun Sentinel, 8 June 2026
In general, a home equity loan or line of credit is a cheaper, less risky way to tap into your home equity.
—Kelsey Neubauer, CNBC, 29 May 2026
Lande and Sachs invested $50,000 CA of their own savings and later used a line of credit to support cash flow and growth.
—Karl Moore, Forbes.com, 29 May 2026
That noted, the HELOC payments outlined above were calculated on the assumption that the full line of credit will be utilized and repaid immediately.
—Matt Richardson, CBS News, 12 May 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 15 Jun. 2026.
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