A preset amount of credit offered by a lender against which a person or organization may borrow on demand. Credit lines may be established as secured, as with a home equity line of credit, or unsecured based purely on the credit worthiness of the borrower.
Browse by Subjects
line of credit
See All Related Terms »
total absorption costing
American Psychological Association (APA):
Chicago Manual of Style (CMS):
Modern Language Association (MLA):