line of credit

Definition 1

Banking: Alternative term for overdraft.

Definition 2

Trading: Extent to which a seller will extend credit payment terms to a buyer. It is the total of the amounts of (a) unpaid invoices, (b) goods in transit, and (c) orders confirmed but yet to be shipped.

Mentioned in these terms

Popular 'Advertising, Marketing, & Sales' Terms

line of credit in the news

Loading...

This content can be found on the following page:

http://www.businessdictionary.com/definition/line-of-credit.html

Search for another term



Tools

line of credit is...

... in the Advertising, Marketing, & Sales and Banking, Commerce & Finance subjects.

Nearby Terms

Search volume for line of credit

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z