line of credit
Pronunciation
/lˈaɪn ʌv kɹˈɛdɪt/
British pronunciation
/lˈaɪn ɒv kɹˈɛdɪt/

“line of credit”的英语定义和含义

Line of credit
01

信用额度, 循环信贷

the maximum amount of loan that a customer is allowed to receive
Wiki
example
例子
The small business secured a line of credit from the bank to cover operating expenses during lean months.
这家小企业从银行获得了一条信贷额度,以在淡季时支付运营费用。
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.
房主没有选择传统的贷款,而是选择了以其房产净值作为抵押的信贷额度来资助房屋翻新。
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