credit line Definition

credit line

Definition

An arrangement in which a bank or vendor extends a specified amount of unsecured credit to a specified borrower for a specified time period. also called line of credit.

This content can be found on the following page:

Reproduction of all or part of this glossary and/or this page, in any format, without written consent is prohibited. If you have questions about this dictionary please feel free to contact us feedback\@\investorguide.com

email
print
cite
link
translate
share

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

Related Terms

credit history - More

creditworthy - More

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

overdraft

Featured Sponsor