LINE OF CREDIT

Pronunciation (US):

(GB):

IPA (US):

 Dictionary entry overview: What does line of credit mean? 

• LINE OF CREDIT (noun)
  The noun LINE OF CREDIT has 1 sense:

1. the maximum credit that a customer is allowed

  Familiarity information: LINE OF CREDIT used as a noun is very rare.

 Dictionary entry details 

• LINE OF CREDIT (noun)

Sense 1

Meaning:

The maximum credit that a customer is allowed

Classified under:

Nouns denoting possession and transfer of possession

Synonyms:

bank line; credit line; line; line of credit; personal credit line; personal line of credit

Hypernyms ("line of credit" is a kind of...):

credit (money available for a client to borrow)

Hyponyms (each of the following is a kind of "line of credit"):

consumer credit (a line of credit extended for personal or household use)

 Context examples 

This would be a good month to apply for a loan, line of credit, a mortgage or to refinance your mortgage, or to secure a car or home improvement loan.

(AstrologyZone.com, by Susan Miller)

You might speak to your bank about a loan, line of credit, new mortgage, or a refinancing plan for your mortgage to secure a better rate.

(AstrologyZone.com, by Susan Miller)

You might be working to raise money for a new business and seek venture capital, sponsors and/or advertisers, or you may need a business loan and line of credit from your bank.

(AstrologyZone.com, by Susan Miller)

The last chapter of Saturn’s visit is usually the easiest, for having hosted Saturn in your financial house for two years, you learned to keep some savings in reserve (or have a line of credit in place at the bank rather than use credit cards).

(AstrologyZone.com, by Susan Miller)

You may want advice on taxes (now that you are heading into a new bracket), how to write a business plan, how to raise money from venture capitalists, or how to qualify for a line of credit from a bank.

(AstrologyZone.com, by Susan Miller)

Specifically, you will do well in one or more of these areas—by a payment of commission, royalty, cash advance, licensing fee, bonus, or such outside sources as an inheritance, insurance claim payment, scholarship or university financial aid, bank loan or line of credit, venture capital, credit card, mortgage or refinanced mortgage, divorce or court settlement, or prize winnings.

(AstrologyZone.com, by Susan Miller)