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to open a line of credit

См. также в других словарях:

  • line of credit — /ˌlaɪn əv kredɪt/ noun 1. the amount of money made available to a customer by a bank as an overdraft ♦ to open a line of credit or a credit line to make credit available to someone 2. the borrowing limit on a credit card …   Dictionary of banking and finance

  • credit — / kredɪt/ noun 1. the period of time allowed before a customer has to pay a debt incurred for goods or services ● to give someone six months’ credit ● to sell on good credit terms ♦ to open a line of credit or a credit line to make credit… …   Marketing dictionary in english

  • line — /laɪn/ noun 1. a long mark printed or written on paper ● paper with thin blue lines ● I prefer notepaper without any lines. ● She drew a thick line before the column of figures. 2. same as product line 3. a row of letters or figures on a page ♦… …   Marketing dictionary in english

  • open — / əυpən/ adjective 1. at work, not closed ● The store is open on Sunday mornings. ● Our offices are open from 9 to 6. ● They are open for business every day of the week. 2. ready to accept something ♦ the job is open to all applicants anyone can… …   Dictionary of banking and finance

  • line — [laɪn] noun [countable] 1. also product line MARKETING a type of product that a company makes or sells, often with several different sizes, models etc; = RANGE: • It continues to get about two thirds of it …   Financial and business terms

  • open-ended loan — A loan that does not have a definite term or end date for example, a credit card account or line of credit. Category: Bankruptcy, Foreclosure & Debt Nolo’s Plain English Law Dictionary. Gerald N. Hill, Kathleen Thompson Hill. 2009 …   Law dictionary

  • Credit card — Personal finance Credit and debt Pawnbroker Student loan Employment contract Salary Wage Empl …   Wikipedia

  • open — verb To render accessible, visible, or available; to submit or subject to examination, inquiry, or review, by the removal of restrictions or impediments @ open a case In practice, to open a case is to begin it; to make an initiatory explanation… …   Black's law dictionary

  • Credit limit — A credit limit is the maximum amount of credit that a financial institution or other lender will extend to a debtor for a particular line of credit (sometimes called a credit line, line of credit, or a tradeline). For example, it is the most that …   Wikipedia

  • Open-End Credit — A pre approved loan between a financial institution and borrower that may be used repeatedly up to a certain limit and can subsequently be paid back prior to payments coming due. The pre approved amount will be set out in the agreement between… …   Investment dictionary

  • open-end credit — Types of credit extensions that permit borrowers to add to the amount borrowed, usually in irregular amounts, at various times subsequent to the granting of the credit. Examples include credit card loans, personal lines of credit, and home equity …   Financial and business terms

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