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Credit line

An arrangement in which a bank or vendor extends a specified amount of unsecured Credit to a specified borrower for a specified time period. also called Line of credit.

Related Terms: 10 Borrow, Call, Credit, ECU, ECI, Line of credit, Owe, Range, SEC, Unsecured
Other Related Pages: Category: Lending_and_Credit Starting With: C
Semi Related Terms: 403 CLICK HERE TO VIEW
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