Home > Term: Line of credit
Line of credit
An informal loan arrangement between a bank and a customer allowing the customer to borrow up to a prespecified amount.
- Part of Speech: noun
- Industry/Domain: Financial services
- Category: General Finance
- Company: Bloomberg
0
Creator
- Harry8L
-
(V.I.P) 574128 points - 100% positive feedback
(London, United Kingdom)
