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
The bettors were given a line of credit by the organization and didn’t have to put up their own money to place bets, according to the indictment.
—
Alexandra Kukulka, Chicago Tribune, 29 Apr. 2026
Most are short-term, typically lasting 30 to 120 days, though many borrowers extend or renew them, effectively using luxury assets as a revolving line of credit.
—Sergei Klebnikov, Forbes.com, 19 Apr. 2026
Three of the four men now on trial, including Solages, worked for CTU; the fourth, a Weston mortgage broker, is accused of financing the plot through a line of credit.
—Jacqueline Charles, Miami Herald, 15 Apr. 2026
And, with a home equity line of credit (HELOC), specifically, homeowners will enjoy the benefits of an interest rate that's lower than what's otherwise available with home equity loans, personal loans and credit cards.
—Matt Richardson, CBS News, 8 Apr. 2026
See All Example Sentences for line of credit
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Alexandra Kukulka, Chicago Tribune, 29 Apr. 2026
Most are short-term, typically lasting 30 to 120 days, though many borrowers extend or renew them, effectively using luxury assets as a revolving line of credit.
—Sergei Klebnikov, Forbes.com, 19 Apr. 2026
Three of the four men now on trial, including Solages, worked for CTU; the fourth, a Weston mortgage broker, is accused of financing the plot through a line of credit.
—Jacqueline Charles, Miami Herald, 15 Apr. 2026
And, with a home equity line of credit (HELOC), specifically, homeowners will enjoy the benefits of an interest rate that's lower than what's otherwise available with home equity loans, personal loans and credit cards.
—Matt Richardson, CBS News, 8 Apr. 2026
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 2 May. 2026.
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