bank credit Meaning in the Cambridge English Dictionary

Meaning of “bank credit” in the English Dictionary

"bank credit" in Business English

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bank creditnoun [U or C]

money that ​banks have ​lent or have ​available to ​lend: The ​averagegrowthrate in commercialbankcredit has been ​higher than in the ​privatesector.
money that a ​banklends to a particular ​customer: The ​companyborrowed $140 million of the ​purchaseprice under its existing bankcreditline.
(Definition of bank credit from the Cambridge Business English Dictionary © Cambridge University Press)
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