credit line


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.

Use credit line in a sentence

The credit line was large enough that we would be able to make the purchase of the equipment any time.

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You need to see if you can get a credit line from your supplier to make it a lot easier to do business with them.

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Many people cannot make large purchases with the money they have on hand, and therefore must obtain a credit line from a bank or financial institution.

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universal default export financing interest