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Kreditlinie

credit line, line of credit

noun kre-DEET-li-nye Rare
People & Society Money

Usage Note

Kreditlinie is the maximum amount a bank makes available to a borrower. The borrower may draw on it flexibly up to the agreed limit. A revolving Kreditlinie restores itself as the borrower repays; compare Kontokorrentkredit (overdraft facility).

Examples

"Das Unternehmen nutzte seine Kreditlinie, um kurzfristige Liquiditätsengpässe zu überbrücken."

Natural Translation

The company used its credit line to bridge short-term liquidity gaps.

Literal Translation

The company used its credit-line, to short-term liquidity-gaps to bridge.

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