credit limit Definition

credit limit

Definition

The maximum amount of credit that a bank or other lender will extend to a customer, or the maximum that a credit card company will allow a card holder to borrow on a single card.

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credit limit is ...
... part of the Lending & Credit subject.

credit limit appears in the definitions of these other terms on BusinessDictionary.com

revolving account, bank card, open end credit, revolver, charge account

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