The maximum amount of credit or money a financial institution or trade firm will extend to a customer
The amount of credit being extended to you by a bank (in this case, via a credit card) to make purchases, cash advances, and other transactions There may be only a portion of your line available for cash advances
where funding is transferred in instalments on the request of the recipient This is a more flexible arrangement than a straightforward loan Bank funds are often channelled through credit lines held at intermediary banks in order to make smaller concessional loans available Loans from credit lines are often earmarked for certain types of investments
A revolving credit agreement allowing a person to borrow any amount up to a preapproved limit for purchases or cash advances As the outstanding balance is paid off, the credit again becomes available to fund new purchases or cash advances
A credit line is the maximum amount of credit available in an open-ended credit arrangement, such as a bank credit card, which the lender may change at any time The credit line is disclosed in the credit card agreement [GAO] (see also bank, credit card)
Definition: The text which the museum requires to be displayed whenever the image/data appears Example: NGA 1942 9 1 Comment: This is not the official credit line, with labelling information, but the display minimum required by the museums
Aggregate amount to which a bank has committed itself to make loans to a designated borrower A line of credit may be "clean"that is, requiring no collateral from the borroweror "secured"that is, requiring collateral from the borrower A line of credit is not a letter of credit, even though banks sometimes commit themselves to a line of credit in writing
An agreement whereby a bank or business will supply a specified maximum amount of money or merchandise to a customer on credit The customer often borrows and repays from time to time as needed, but is limited to the agreed-upon maximum amount
Also shortened to Line The amount of money a player has deposited in the casino cage, or the amount of money the casino manager is willing to advance to a player
The most you can charge on your credit card account When you receive a new credit card, you're usually issued a set credit line Under some circumstances, your card issuer may increase or decrease it