Credit limit

  The maximum that a customer can borrow. Limits can be established so that they relate to only one credit facility, or if the customer has several credit facility lines, then you can construct a hierarchy of limits for the customer. Limits can be shared (or not) between parent and daughter, brother and sister companies if you so wish. Fees can also be automatically calculated, compensated for, and charged. See also Credit facility, loan, Facility and Fee...
  Maximum allowed counterparty credit risk for contracts other than foreign exchange contracts.
  See also Limit...

International financial encyclopaedia . 2014.

Look at other dictionaries:

  • credit limit — noun The maximum amount of credit extended to an individual or business • • • Main Entry: ↑credit * * * credit limit UK US noun [countable] [singular credit limit plural …   Useful english dictionary

  • credit limit — credit ,limit noun count the maximum amount of money that a customer can borrow using a particular credit card account …   Usage of the words and phrases in modern English

  • Credit limit — A credit limit is the maximum amount of credit that a financial institution or other lender will extend to a debtor for a particular line of credit (sometimes called a credit line, line of credit, or a tradeline). For example, it is the most that …   Wikipedia

  • credit limit — the upper limit of credit that a business will allow a customer to have. Glossary of Business Terms * * * credit limit credit limit ➔ limit1 * * * credit limit UK US noun [C] ► BANKING, FINANCE the maximum amount of money that a bank will allow… …   Financial and business terms

  • Credit Limit — The amount of credit that a financial institution extends to a client. Credit limit also refers to the maximum amount a credit card company will allow someone to borrow on a single card. Credit limits are usually determined based on information… …   Investment dictionary

  • credit limit — UK / US noun [countable] Word forms credit limit : singular credit limit plural credit limits the maximum amount of money that a customer can borrow using a particular credit card account …   English dictionary

  • credit limit — / kredɪt ˌlɪmɪt/ noun the largest amount of money which a customer can borrow ♦ he has exceeded his credit limit he has borrowed more money than he is allowed to …   Dictionary of banking and finance

  • credit limit — ➡ credit cards * * * …   Universalium

  • credit limit — high amount of money a person may receive on credit; total amount of credit that can be allotted …   English contemporary dictionary

  • credit limit — The maximum amount of *credit offered to a customer. The use of credit limits is a common *internal control over *accounts receivable …   Auditor's dictionary

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