Credit Line
/ˈkrɛd.ɪt ˌlaɪn/
Definitions
- (n.) An arrangement by which a financial institution extends a predetermined amount of credit to a borrower, allowing repeated borrowing up to that limit.
The company secured a credit line to manage its cash flow during seasonal fluctuations.
- (n.) A notation on works of art or publications attributing proper authorship or ownership rights.
The museum included a credit line attributing the painting to a 19th-century artist.
Forms
- credit lines
Related terms
See also
Commentary
Distinct legal contexts use 'credit line' differently: financial law emphasizes lending arrangements, whereas intellectual property covers attribution of works.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.