lines of credit

listen to the pronunciation of lines of credit
English - Turkish
(Ticaret) kredi kademeleri
English - English
plural form of line of credit
an agreement by a bank to lend a business automatically (up to some limit), as it is needed
>> A type of mortgage loan from which borrowers can write a check or draw funds Some lines of credit are also balloon loans Usually the borrower is given 5 to 10 years to use the line of credit After this period, many lines of credit require the borrower to pay the loan in full Others may require the loan to be paid in full over the next 10 to 15 years
An arrangement in which a bank or vendor extends a specified amount of unsecured credit to a specified borrower for a specified time period
lines of credit

    Hyphenation

    lines of cred·it

    Turkish pronunciation

    laynz ıv kredıt

    Pronunciation

    /ˈlīnz əv ˈkredət/ /ˈlaɪnz əv ˈkrɛdət/
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