line of credit
noun/ˌlaɪn əv ˈkredɪt/
/ˌlaɪn əv ˈkredɪt/
(also credit line)
- an amount of money that a financial organization such as a bank is willing to lend to a person or organization
- to open/secure a line of credit
- The studio also refinanced a loan agreement with the bank to extend its line of credit to $450 million.
Check pronunciation:
line of credit