Line Of Credit

Business / Loan / Line Of Credit: Also called an 'open line of credit' secured on your home. Often there are no closing costs involved, or the lender offers to pay all closing costs. Use like a checking account, borrowing credit over time up to your credit limit.
Search Google for Line Of Credit:

Other Words for Credit

Credit Noun Synonyms: belief, faith, trust, credence
Credit Verb Synonyms: ascribe, acknowledge, attribute, assign, impute
MORE

Other Words for Line

Line Verb Synonyms: interline, cover, face, ceil
Line Noun Synonyms: wrinkle, crease, crinkle, furrow, crow's-foot
Line Adjective Synonyms: mark, pencil-mark, pen-mark, rule, score, stroke, underline, underscore, diagonal, slash, virgule, shilling-mark, solidus, separatrix, oblique
MORE

Backup Line

Business / Finance / Backup Line: A commercial paper issuer's bank line of credit covering maturing notes if, for some reason, selling new notes to cover the maturing notes is not possible. MORE

Revolving Credit

Business / Loan / Revolving Credit: It is the same thing as a line of credit: an amount of money, which a business can borrow against at times it needs capital. Often accessed by check, ATM, or business card. MORE

Revolving Line Of Credit

Business / Finance / Revolving Line Of Credit: A bank line of credit on which the customer pays a commitment fee and can take and repay funds at will. Normally a revolving LOC involves a firm commitment from the bank for a period of several years. MORE

Open-End Credit

Business / Finance / Open-End Credit: Revolving line of credit that is extended with every purchase or cash advance. MORE

Home Equity Line Of Credit (HELOC)

Business / Taxes / Home Equity Line Of Credit (HELOC): Sometimes referred to as a HELOC, a home equity line of credit lets you borrow against the equity you?€™ve built in your home, usually by using a debit card or writing checks against your availabl MORE

Bank Line

Business / Finance / Bank Line: Line of credit that by a bank grants to a customer. MORE