What does credit line mean?
Definitions for credit line
cred·it line
This dictionary definitions page includes all the possible meanings, example usage and translations of the word credit line.
Princeton's WordNet
credit line, line of credit, bank line, line, personal credit line, personal line of creditnoun
the maximum credit that a customer is allowed
by-line, credit linenoun
a line giving the name of the writer of a story or article
Wiktionary
credit linenoun
A line of printed text attached to written material, an image, illustration, or the like, which identifies the author, photographer, or other source.
credit linenoun
A line of credit.
ChatGPT
credit line
A credit line, also known as a line of credit, is an arrangement between a financial institution, such as a bank, and a customer that determines the maximum loan amount the customer can borrow. The borrower can access funds from the line of credit at any time, as long as they do not exceed the maximum amount set in the agreement and meet any other requirements such as making timely minimum payments.
Numerology
Chaldean Numerology
The numerical value of credit line in Chaldean Numerology is: 6
Pythagorean Numerology
The numerical value of credit line in Pythagorean Numerology is: 9
Examples of credit line in a Sentence
European Union finance ministers:
Such system of national credit lines will ensure the protection of taxpayers and will be fiscally neutral over the medium term, as the banking sector of the member state concerned will be liable for repayment of the amounts drawn under the credit line.
Brazilian Finance Minister Joaquim Levy:
The most special (credit) line is for (financing) public transportation, the others are lines based on commercial interest. It's an arrangement that does not pose major risks.
European Union finance ministers:
As of 2016, each participating member state will enter into a harmonized loan facility agreement with the Single Resolution Board (SRB), providing a national individual credit line to the SRB to back its national compartment in the SRF in case of possible funding shortfalls following resolution cases of banks of the Member State concerned.
German Finance Minster Wolfgang Schaeuble:
At the moment, the troika and Greece have to determine whether Greece has fulfilled the conditions for the payment of the final tranche of the current program, then we have to see what is necessary for next year after the current program has expired. Greece is in a better position than we assumed two years ago but it needs support on financial markets, so the thinking is in terms of a precautionary credit line, with certain conditions attached.
All that did was lift the cap a little bit on their current loan credit line, but it comes with conditionality, they don't need more credit. They need debt forgiveness and an injection of liquidity to keep operating.
Translation
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"credit line." Definitions.net. STANDS4 LLC, 2024. Web. 24 Apr. 2024. <https://www.definitions.net/definition/credit+line>.
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