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bank line

bank line

4.6
The most money a bank lets a customer borrow for loans or overdrafts
  • noun
  • Specialized
translation icon : línea de crédito
  • She negotiated a bank line to support her company's expansion.

Examples

  • If you exceed your bank line, the bank may charge additional fees.

  • During the financial review, the manager increased the firm's bank line to meet future needs.

  • I have a bank line of $5,000.

  • The bank line is essential for my business.

  • The business secured a new bank line to finance its expansion plans.

  • After reviewing the application, the bank approved her bank line for up to $50,000.

  • Having a strong bank line can help a company manage its cash flow effectively.

Synonyms

line of credit
vsbank line
  • Specialized
24 3.1

A plan from a bank that lets you borrow up to a set amount

is the maximum specifically set and authorized by a lending institution for one customer
credit line
vsbank line
6 3.7

The largest amount a bank allows you to borrow when needed

is the same maximum but authorized specifically by a lending institution for one customer
personal line of credit
vsbank line
  • Specialized
4.8

An agreement with a bank that lets a person borrow money up to a set limit when needed

is the same limit but is authorized by a lending institution for that customer
personal credit line
vsbank line
3.7

An agreement with a bank that lets a person borrow money up to a set limit when needed

is the same maximum but authorized by a lending institution for that customer

How Much Credit

bank line
  • Specialized
4.6
credit line
6 3.7

Surface Forms

bank line singular
bank lines plural

Morphology

bank + line

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.