Definition that contains line of credit
- compensating balance a minimum credit balance that a bank may require a borrower to keep on deposit as a condition for granting a loan; a common requirement for establishing a line of credit at a bank
- consumer credit a line of credit extended for personal or household use
- credit application an application for a line of credit
- offsetting balance a minimum credit balance that a bank may require a borrower to keep on deposit as a condition for granting a loan; a common requirement for establishing a line of credit at a bank