line of credit - ορισμός. Τι είναι το line of credit
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Τι (ποιος) είναι line of credit - ορισμός


Line of credit         
CREDIT SOURCE EXTENDED TO A GOVERNMENT, BUSINESS OR INDIVIDUAL BY A BANK OR OTHER FINANCIAL INSTITUTION
Cash credit; Credit Facility; Lines of credit; Credit facility; Personal Line of Credit; Credit account; Debt facility; Line of Credit
A line of credit is a credit facility extended by a bank or other financial institution to a government, business or individual customer that enables the customer to draw on the facility when the customer needs funds. A line of credit takes several forms, such as an overdraft limit, demand loan, special purpose, export packing credit, term loan, discounting, purchase of commercial bills, traditional revolving credit card account, etc.
line of credit         
CREDIT SOURCE EXTENDED TO A GOVERNMENT, BUSINESS OR INDIVIDUAL BY A BANK OR OTHER FINANCIAL INSTITUTION
Cash credit; Credit Facility; Lines of credit; Credit facility; Personal Line of Credit; Credit account; Debt facility; Line of Credit
an amount of credit extended to a borrower.
Warehouse line of credit         
A warehouse line of credit is a credit line used by mortgage bankers. It is a short-term revolving credit facility extended by a financial institution to a mortgage loan originator for the funding of mortgage loans.
Παραδείγματα από το σώμα κειμένου για line of credit
1. Another secured a $14,000 line of credit from a building supply company.
2. Major liabilities÷ Suntrust Bank line of credit, $1 million to $5 million.
3. The $350 million line of credit will be used to buy Russian goods and services.
4. Ford requested a $' billion "standby line of credit" in case one of its Detroit competitors fails.
5. The line of credit granted to Apicorp amounts to $40 million.