bank line
- noun
- Specialized
- She negotiated a bank line to support her company's expansion.
Examples
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If you exceed your bank line, the bank may charge additional fees.
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During the financial review, the manager increased the firm's bank line to meet future needs.
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I have a bank line of $5,000.
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The bank line is essential for my business.
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The business secured a new bank line to finance its expansion plans.
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After reviewing the application, the bank approved her bank line for up to $50,000.
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Having a strong bank line can help a company manage its cash flow effectively.
Synonyms
A plan from a bank that lets you borrow up to a set amount
The largest amount a bank allows you to borrow when needed
An agreement with a bank that lets a person borrow money up to a set limit when needed
An agreement with a bank that lets a person borrow money up to a set limit when needed
How Much Credit
- Specialized
Surface Forms
Morphology
The intended meaning ('maximum amount of credit authorized') depends on a specialized financial sense of 'line' (as in 'line of credit') rather than the basic spatial or product senses a B1 learner likely knows. Because the sense is predictable if the learner already knows the phrase 'line of credit' or financial jargon, but not fully derivable from 'bank' + general 'line', the expression is only partially transparent.
Etymology
The expression bank line comes from the image of a bank drawing a line in its account book to mark how far a customer may borrow. So it means the 'maximum amount of credit' a bank allows a customer.