Meaning of the word "line of credit" in English
What does "line of credit" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
line of credit
US /ˌlaɪn əv ˈkred.ɪt/
UK /ˌlaɪn əv ˈkred.ɪt/
Noun
1.
an amount of credit extended to a borrower
Example:
•
The bank approved a line of credit for the small business.
•
Having a line of credit can provide financial flexibility.
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