credit linenoun [ C ]
ukusalso line of creditBANKING, FINANCE an amount of money a person or company is allowed to borrow during a particular period of time from one or more financial organizations:
receive/secure a credit line The company announced it had received a four-year credit line, which will allow it to borrow up to $866m to avoid a possible bankruptcy.
agree/set up/negotiate a credit line
draw down/tap/use a credit line The company was forced to draw down its entire $11.5 billion credit line from a consortium of banks.
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revolving line of credit