Bank Line (Noun)
Meaning
The maximum credit that a customer is allowed.
Classification
Nouns denoting possession and transfer of possession.
Examples
- The bank line for this credit card is $10,000, and the customer has already used up $8,000 of it.
- To avoid going over the limit, she checked her bank line before making the large purchase.
- The bank line for the new customer was set at $5,000 based on their credit score.
- After years of responsible payments, the bank increased his bank line to $20,000.
- She applied for a credit limit increase to raise her bank line from $3,000 to $6,000.