line of credit
noun phrase
: the maximum credit allowed a buyer or borrower
also
: an agreement providing credit up to a certain amount
Examples of line of credit in a Sentence
Recent Examples on the Web
Lump sum, monthly payment or a line of credit (or a combination of those options)
Repayment period
20 years of monthly principal and interest payments.
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Kelsey Neubauer, CNBC, 31 May 2025
Alternatively, transfer the balance to a home equity line of credit, or even a personal loan.
—Daniel De Visé, USA Today, 3 Apr. 2025
Longbridge is a particularly good option for high-value homes: The Longbridge Platinum offering a line of credit of up to $4 million.
—Kelsey Neubauer, CNBC, 20 May 2025
On top of that, place a fraud alert with a credit bureau so no one can easily open a new line of credit in your name.
—Kurt Knutsson, FOXNews.com, 20 May 2025
See All Example Sentences for line of credit
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Kelsey Neubauer, CNBC, 31 May 2025
Alternatively, transfer the balance to a home equity line of credit, or even a personal loan.
—Daniel De Visé, USA Today, 3 Apr. 2025
Longbridge is a particularly good option for high-value homes: The Longbridge Platinum offering a line of credit of up to $4 million.
—Kelsey Neubauer, CNBC, 20 May 2025
On top of that, place a fraud alert with a credit bureau so no one can easily open a new line of credit in your name.
—Kurt Knutsson, FOXNews.com, 20 May 2025
See All Example Sentences for line of credit
Cite this Entry
“Line of credit.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/line%20of%20credit. Accessed 6 Jun. 2025.
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