Line Of Credit

Business / Real Estate / Line Of Credit: An amount of money stipulated by a commercial bank to an active customer on an annual basis. The balance normally must be brought to zero on an agreed upon regular date.

Other Words for Credit

Credit Noun Synonyms: belief, faith, trust, credence
Credit Verb Synonyms: ascribe, acknowledge, attribute, assign, impute
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Other Words for Line

Line Noun Synonyms: wrinkle, crease, crinkle, furrow, crow's-foot
Line Adjective Synonyms: mark, pencil-mark, pen-mark, rule, score, stroke, underline, underscore, diagonal, slash, virgule, shilling-mark, solidus, separatrix, oblique
Line Verb Synonyms: interline, cover, face, ceil
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Open-End Credit

Business / Finance / Open-End Credit: Revolving line of credit that is extended with every purchase or cash advance. MORE

Revolving Line Of Credit

Business / Finance / Revolving Line Of Credit: A bank line of credit on which the customer pays a commitment fee and can take and repay funds at will. Normally a revolving LOC involves a firm commitment from the bank for a period of several years. MORE

Revolving Credit

Business / Loan / Revolving Credit: It is the same thing as a line of credit: an amount of money, which a business can borrow against at times it needs capital. Often accessed by check, ATM, or business card. MORE

Credit Line

Business / Taxes / Credit Line: A credit line, or line of credit, is a revolving credit agreement that allows you to write checks or make cash withdrawals of amounts up to your credit limit. When you use the credit — sometimes cal MORE

Bank Line

Business / Finance / Bank Line: Line of credit that by a bank grants to a customer. MORE

Home Equity Line Of Credit (HELOC)

Business / Taxes / Home Equity Line Of Credit (HELOC): Sometimes referred to as a HELOC, a home equity line of credit lets you borrow against the equity you’ve built in your home, usually by using a debit card or writing checks against your available ba MORE

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