Line Of Credit

Views Updated: Dec 15, 2025

Key Facts

Abbreviation
LOC
Pronunciation
/laɪn əv ˈkrɛdɪt/
Category
Business
Related Field
Accounting

Examples in Context

  1. This is one of the more expensive types of financing compared to revolving line of credit and term debt.
  2. Having a line of credit is very useful for small business owners.
  3. Finally, technical measures should be adopted to improve the system of the Line of Credit management.
  4. Commercial paper is backed by a bank line of credit.
  5. A line of credit extended for personal or household use.

Other meanings of LOC

Lines Of Code Computing
Loss Of Control Misc
Loss Of Consciousness Medical
Level Of Consciousness Medical
Level Of Care Medical
Locus Of Control Academic
Letters Of Comment Business
Letter Of Comment Gov
Letter of Concern Gov
Level Of Concern Academic