line of credit
Noun
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Noun
line of credit
- (finance, banking) A credit facility under which a bank or other lender agrees to provide a client with loans of money up to an approved limit during a predefined period. The client may borrow the entire credit amount all at once or in portions during the specified period.
- Synonyms: credit line
- (finance, banking) The maximum borrowable amount made available by that facility.
- French: ligne de crédit
- German: Kreditvertrag
- Portuguese: linha de crédito
- Russian: кредитная линия
- Spanish: línea de crédito
- German: Kreditrahmen, Kreditlinie
- Portuguese: limite (de crédito)
- Spanish: límite de crédito
This text is extracted from the Wiktionary and it is available under the CC BY-SA 3.0 license | Terms and conditions | Privacy policy 0.002