Keresés
Line of credit
01
hitelszámla, kölcsönkeret
the maximum amount of loan that a customer is allowed to receive
Example
The small business secured a line of credit from the bank to cover operating expenses during lean months.
Rather than taking out a traditional loan, the homeowner opted for a line of credit against the equity in their property to finance home renovations.
The company 's line of credit with its suppliers allowed it to maintain inventory levels without tying up excessive capital.
