line of credit loan definition

Student Loan Definition and Other Loan Terms | eStudentLoan – Do you know the student loan definition? As student loan is a sum of money that a college student borrows from either the government or a private lender to help pay for college expenses.Student loans

What is a bank operating loan / line of credit | BDC.ca – Learn what bank operating loans are and how businesses use them.. A bank operating loan (also called a line of credit) is a short-term, flexible loan that a business can use as needed to borrow up to a pre-set amount of. Related definitions.

Mortgage Loans vs. home equity loans | What You Need To Know – Home equity lines of credit work differently than home equity loans.. This means that the bank will approve to borrow up to a certain amount of your home, but.

Line of credit financial definition of line of credit – Financial Dictionary – Definition of line of credit in the Financial Dictionary – by Free online English. An informal loan arrangement between a bank and a customer allowing the.

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Annual Percentage Rate (APR) Definition – An annual percentage rate. As loans or credit agreements can vary in terms of interest-rate structure, transaction fees, late penalties and other factors, a standardized computation such as the APR.

Line of Credit vs. Term Loan: Which Is Best For My Business? – Fundera – Are you debating between a line of credit and a term loan?. They are often referred to as “revolving,” which means you can tap into them.

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What is Home Equity Line Of Credit? definition and meaning – Definition of home equity line of credit: A method of borrowing in which a homeowner may borrow against home equity as needed using a checkbook or.

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What is line of credit? definition and meaning. – 2. Trading: Extent to which a seller will extend credit payment terms to a buyer.It is the total of the amounts of (a) unpaid invoices, (b) goods in transit, and (c) orders confirmed but yet to be shipped.

unsecured loans: definition and Explanation – Unsecured Loans: Definition and Explanation . Menu Search Go. Go. investing. basics stocks real estate Value Investing View All ;. "Personal" loans, available from banks, credit unions, and online lenders are unsecured loans you can use for any purpose you want.

Line of credit loan dictionary definition | line of credit. – The definition of a line of credit loan is a loan that is preapproved for a set amount of money, letting the customer withdraw, repay and then withdraw funds again as necessary to meet the customer’s need for cash.

Credit Lines: Flexible Loans for Cash Flow – The Balance – A credit line, also known as a line of credit, is a pool of money that individuals, businesses, governments, and other organizations may borrow from.