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
Many homeowners tap into this home equity through a home equity line of credit (HELOC) for home renovations.
—
Sydney Lake, Fortune, 24 July 2025
Priority one is a cash line of credit for non-state, local government projects.
—Emilee Calametti, The Washington Examiner, 13 July 2025
As with term loans, online lenders are usually able to make a business line of credit available in 24–48 hours.
—Rohit Arora, Forbes.com, 12 July 2025
Annika Wheelock, 28, and her family used a loan and a home equity line of credit to accelerate spending on more than $137,000 in purchases — including a new car, computers, a refrigerator and home repairs – to avoid any sticker shock from Trump’s tariffs.
—Bryan Mena, CNN Money, 2 July 2025
See All Example Sentences for line of credit
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Sydney Lake, Fortune, 24 July 2025
Priority one is a cash line of credit for non-state, local government projects.
—Emilee Calametti, The Washington Examiner, 13 July 2025
As with term loans, online lenders are usually able to make a business line of credit available in 24–48 hours.
—Rohit Arora, Forbes.com, 12 July 2025
Annika Wheelock, 28, and her family used a loan and a home equity line of credit to accelerate spending on more than $137,000 in purchases — including a new car, computers, a refrigerator and home repairs – to avoid any sticker shock from Trump’s tariffs.
—Bryan Mena, CNN Money, 2 July 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 5 Aug. 2025.
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