line of credit agreement

  • 1line of credit — line of credit: an agreement specifying the maximum amount of credit allowed a borrower Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. line of credit …

    Law dictionary

  • 2Line Of Credit - LOC — An arrangement between a financial institution, usually a bank, and a customer that establishes a maximum loan balance that the bank will permit the borrower to maintain. The borrower can draw down on the line of credit at any time, as long as he …

    Investment dictionary

  • 3line of credit — noun a) A financial agreement under which a bank or other lender agrees to provide a client with loans of money up to an approved limit during a predefined period. The client may borrow the entire credit amount all at once or in portions during… …

    Wiktionary

  • 4line of credit — Date: 1917 the maximum credit allowed a buyer or borrower; also an agreement providing credit up to a certain amount …

    New Collegiate Dictionary

  • 5German–Soviet Credit Agreement (1939) — For other uses, see German–Soviet Commercial Agreement (disambiguation). German–Soviet Credit Agreement Signed August 19, 1939 Location Berlin, Germany Signatories Union of Soviet Socialist Republics …

    Wikipedia

  • 6credit line — ˈcredit line also ˌbank (ˈcredit) ˌline, ˌline of ˈcredit noun [countable] BANKING COMMERCE an arrangement with a bank for a loan or a number of loans: • The auto maker is currently negotiating a new $1.8 billion credit line that would replace a… …

    Financial and business terms

  • 7credit — cred·it 1 n 1: recognition see also full faith and credit 2 a: the balance in an account which may be drawn upon and repaid later compare loan …

    Law dictionary

  • 8Credit card — Personal finance Credit and debt Pawnbroker Student loan Employment contract Salary Wage Empl …

    Wikipedia

  • 9Credit (finance) — Domestic credit to private sector in 2005 …

    Wikipedia

  • 10line — A demarcation, border, or limit. The boundary or line of division between two estates. Person s trade, occupation or business. Carrier s route. See also building line. collateral line (See also descent) direct line (See also descent) @ line by… …

    Black's law dictionary