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单词 line of credit
释义

line of credit

/ˌlʌɪn əv ˈkrɛdɪt /
An amount of credit extended to a borrower.In the age of brokerage accounts, credit cards, home equity loans, lines of credit and mutual funds, bank deposits are virtually useless as an indicator of available buying power....
  • Eliminate as much debt as possible, especially ‘variable rate’ debt, such as credit cards and lines of credit.
  • In recent years, many homeowners have used home equity lines of credit to pay off credit cards, make home improvements or pay college tuition.
See parent entry: line
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更新时间:2024/12/23 21:34:02