credit line

American  

[kred-it lahyn] / ˈkrɛd ɪt ˌlaɪn /

noun

1. a line of text acknowledging the source or origin of published or exhibited material.

2. Also called credit limit,.  Also called line of credit.  the maximum amount of credit that a customer of a store, bank, etc., is authorized to use.

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credit line British  

noun

1. an acknowledgment of origin or authorship, as in a newspaper or film

2. Also called: line of credit.  the maximum credit that a customer is allowed

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Etymology

Origin of credit line

First recorded in 1910–15

Example Sentences

A late payment or new credit line may show up on only one of the three reports.

From The Wall Street Journal

But private-credit shops that run interval funds and business development companies also draw on credit lines extended by banks to cover the outflows.

From The Wall Street Journal

The spokesperson added that the affected advertisers are being given advance notice, and will be offered preapproved credit lines.

From MarketWatch

Between loans maturing, bank credit lines and other sources of liquidity, Cliffwater projected that it could handle two years of zero inflows and the 5% redemption rate it typically offers without selling any assets.

From The Wall Street Journal

It leaks back into the banking system through credit lines, warehouse lending and cross-collateralization arrangements.

From MarketWatch

Related Words

• line of credit