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English definition of “bank credit”

bank credit

noun [U or C]
 
 
BANKING, FINANCE
money that banks have lent or have available to lend: The average growth rate in commercial bank credit has been higher than in the private sector.
money that a bank lends to a particular customer: The company borrowed $140 million of the purchase price under its existing bank credit line.
(Definition of bank credit from the Cambridge Business English Dictionary © Cambridge University Press)
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