Definition of “credit limit” - English Dictionary


(Definition of “credit limit” from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)

“credit limit” in Business English

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credit limitnoun [ C ]

uk us

BANKING, FINANCE the maximum amount of money that a bank will allow someone to borrow, especially on a credit card:

exceed/go over a credit limit A fee is charged when you exceed your credit limit.
One lender gave her a €9,000 credit limit.

(Definition of “credit limit” from the Cambridge Business English Dictionary © Cambridge University Press)