单词 | credit line |
释义 | credit line credit line noun [C]
1 (Finance ) (also line of credit) an amount of credit that a bank, company, etc. makes available to a person or a company for a particular period: We negotiated an arrangement with a new bank that gave us a $250 000 credit line. The company was forced to draw on credit lines as its finances worsened. The hotel group has obtained a new bank credit line of up to €400 million. SYN CREDIT FACILITY
❖ to arrange/get/have/open/secure/set up a line of credit ◆ to give sb/provide a line of credit ◆ to cut off/extend/increase a line of credit ◆ to draw (down) on/overdraw/pay down/use a line of credit
2 = CREDIT LIMIT |
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