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Home > QFINANCE Dictionary > Definition of credit limit

Definition of

credit limit


total amount somebody is allowed to borrow the highest amount that a lender will allow somebody to borrow, for example, on a credit card.

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Definitions of ’credit limit’ and meaning of ’credit limit’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’credit limit’ and other financial terms with our online QFINANCE Financial Dictionary.

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