credit line what is
Meaning of Line of credit explanation. What is allowing the customer to borrow up to a prespecified.

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Line of credit definition

Meaning LINE OF CREDIT: An informal loan arrangement between a bank and a customer allowing the customer to borrow up to a prespecified amount

More terms such as Line of credit in Dictionary L.

Definition Limited Partner:
Examples A partner who has limited legal liability for the obligations of the partnership line of credit definition.
Definition Linear Programming:
Examples Technique for finding the maximum value of some equation, subject to stated linear constraints line of credit explain.
Definition Leveraged Portfolio:
Examples A portfolio that includes risky assets purchased with funds borrowed line of credit what is.
Definition Loan Value:
Examples The maximum percentage of the value of securities that a broker can lend to a margin account customer, as dictated by the Federal Reserve Board in Regulation T line of credit meaning.
Definition Look-Thru:
Examples A method for calculating U.S. taxes owed on income from controlled foreign corporations that was introduced by the Tax Reform Act of 1986 line of credit abbreviation.
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