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line of credit


line of credit 贷款限额,贷款额度 

1.banking:an informal loan arrangement between a bank and a customer allowing the customer to borrow up to a prespecified amount.Alternative term for overdraft.2.trading:extent to which a seller will extend credit payment terms to a buyer.It is the total of the amounts of(1)unpaid invoices,(2)goods in transit,and(3)orders confirmed but yet to be shipped.

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