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
How Flipping The Script Can Help Nonprofits By flipping the script, nonprofits can treat tapping into a line of credit as a bridge rather than a lifeline.
—
Sherry Quam Taylor, Forbes.com, 18 Sep. 2025
In a rare comment on his borrowing and spending strategy, Ellison told CNBC in 2012 that a $4 billion line of credit against his shares at the time was never drawn down but kept as potential dry powder for big purchases.
—Robert Frank, CNBC, 18 Sep. 2025
Margin loans are similar to a line of credit and allow investors to borrow against their securities without selling them.
—Matthew Fleming, Fortune, 18 Sep. 2025
Try to maintain a high credit score by paying down debt, make payments on time and do not load up debt anywhere close to the maximum available line of credit.
—Susan Tompor, Freep.com, 17 Sep. 2025
See All Example Sentences for line of credit
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Sherry Quam Taylor, Forbes.com, 18 Sep. 2025
In a rare comment on his borrowing and spending strategy, Ellison told CNBC in 2012 that a $4 billion line of credit against his shares at the time was never drawn down but kept as potential dry powder for big purchases.
—Robert Frank, CNBC, 18 Sep. 2025
Margin loans are similar to a line of credit and allow investors to borrow against their securities without selling them.
—Matthew Fleming, Fortune, 18 Sep. 2025
Try to maintain a high credit score by paying down debt, make payments on time and do not load up debt anywhere close to the maximum available line of credit.
—Susan Tompor, Freep.com, 17 Sep. 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 20 Sep. 2025.
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