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
Now may be an ideal time for some SMBs to leverage a line of credit.
—
Wendy Cai-Lee, Forbes.com, 7 May 2025
Katapult's liquidity position is challenged by the impending maturity of its revolving line of credit and term loan, which are due on June 4, 2025.
—Quartz Intelligence Newsroom, Quartz, 28 Mar. 2025
But on top of the offer to open a line of credit with the company came an offer that proved much more appealing for the teenaged Goggins.
—Nicolas Vega, CNBC, 31 Mar. 2025
The company has a revolving line of credit agreement with a bank, which was extended to March 1, 2026, with a limit of $1,500,000.
—Quartz Intelligence Newsroom, Quartz, 28 Mar. 2025
See All Example Sentences for line of credit
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Wendy Cai-Lee, Forbes.com, 7 May 2025
Katapult's liquidity position is challenged by the impending maturity of its revolving line of credit and term loan, which are due on June 4, 2025.
—Quartz Intelligence Newsroom, Quartz, 28 Mar. 2025
But on top of the offer to open a line of credit with the company came an offer that proved much more appealing for the teenaged Goggins.
—Nicolas Vega, CNBC, 31 Mar. 2025
The company has a revolving line of credit agreement with a bank, which was extended to March 1, 2026, with a limit of $1,500,000.
—Quartz Intelligence Newsroom, Quartz, 28 Mar. 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 13 May. 2025.
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