A line of credit is a form of credit granted by a bank or other financial institution similar to a Government, company, or individual.Although you can take various forms, is in essence a bank account which the customer can make use to limited extent. The customer pays interest only for money withdrawing from it.Lines of credit may or may not have a collateral partner.
* Only one "like" per meaning and day, the more "likes" the meaning will appear higher in the list