bank credit

Definition

The borrowing capacity provided to an individual by the banking system, in the form of credit or a loan. The total bank credit the individual has is the sum of the borrowing capacity each lender bank provides to the individual.

Use bank credit in a sentence

H had very good bank credit and it made him view his bank in a very positive manner, which was cool.

​ Was this Helpful? YES  NO 2 people found this helpful.

With a total bank credit of two hundred thousand dollars Joe felt confident that he would be able to find the home he was looking for.

​ Was this Helpful? YES  NO 10 people found this helpful.

Only take a loan out from the credit union if you're sure you can pay it back, because failure to do so can ruin your overall bank credit.

​ Was this Helpful? YES  NO 10 people found this helpful.

Show more usage examples...

Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
bank clerk bank discount