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.
line of credit is in the Advertising, Marketing, & Sales and Banking, Commerce & Finance subjects.
line of credit appears in the definitions of the following terms: loan commitment, cleanup period, cash capability, use, master lease, commitment, backup credit, open end credit, overdraft and cash
line of credit appears in the other term: guidance line of credit
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