credit line
nounDefinition of credit line
1
: line of credit
2
: a line, note, or name that acknowledges the source of an item (such as a news dispatch or television program)
Examples of credit line in a Sentence
Recent Examples on the Web
The property, with 486,000 square feet of meeting space, opened in December, but its owners have already obtained an $80 million credit line that may be put toward expansion. — Joe Rubino, The Denver Post, "Ballerina statues exit as downtown Denver Sheraton gets started on $80 million makeover," 27 Aug. 2019 Charming Charlie loaded up on lower-quality inventory after its last bankruptcy in an attempt to boost liquidity — its credit line grows along with its inventory levels. — Jeremy Hill, chicagotribune.com, "Fashion accessory retailer Charming Charlie to close all stores, including 14 in Illinois," 11 July 2019 Caliburn, which operates under a U.S. government contract, received a $380 million loan and a $75 million credit line from Bank of America, the Herald reported, citing documents filed with the Securities and Exchange Commission. — N'dea Yancey-bragg, USA TODAY, "Bank of America to cut ties with companies that help run immigrant detention centers, private prisons," 27 June 2019 Most loans and credit lines under agreement stretch to at least 2023. — Rachel Layne, CBS News, "Private prisons were supposed to thrive under Trump -- then came a backlash," 29 July 2019 The Herald said the bank provided a $380 million loan to the company and a $75 million credit line. — Cnn.com Wire Service, The Mercury News, "Bank of America to end business with detention center firms," 27 June 2019 For companies, rising rates have touched off changes in a variety of debt markets, including commercial paper, a type of short-term IOU, and credit facilities, which typically operate like a credit line. — Matt Wirz, WSJ, "Companies Look to Libor for Debt Savings as Rates Rise," 28 May 2018 The Herald said the bank provided a $380 million loan to the company and a $75 million credit line. — Cnn.com Wire Service, The Mercury News, "Bank of America to end business with detention center firms," 27 June 2019 The Baltimore Sun spoke to Pasztor and two other such competitors to learn more about what leads normal people, without tremendous wealth or credit lines, to get good enough to compete at poker’s most prestigious event. — Sameer Rao, baltimoresun.com, "How the owner of a Baltimore sushi restaurant became a World Series of Poker contender," 28 June 2019These example sentences are selected automatically from various online news sources to reflect current usage of the word 'credit line.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
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