Meaning of “bank credit” in the English Dictionary

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"bank credit" in Business English

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bank creditnoun [ U or C ]

uk us BANKING, FINANCE

money that banks have lent or have available to lend:

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)