Example: La empresa aprobó una línea de crédito para nuevos proyectos.
Definition
"La línea de crédito" refers to an agreed amount of money that a company or individual can borrow from a financial institution, often used to support business activities such as new projects. It acts as a flexible loan that can be drawn upon when needed.
Translations
the line of credit
de kredietlijn
la línia de crèdit
la ligne de crédit
die Kreditlinie
Etymology
The term "la línea de crédito" comes from Spanish, where "línea" means 'line' and "crédito" means 'credit.' It figuratively describes a 'line' or limit of credit extended by banks or lenders, allowing borrowers to access funds up to a certain boundary. Did you know this concept is widely used in finance to manage cash flow?
Learn to use this word actively
"La línea de crédito" appears in the Vocaplus list "Spanish - HR - (A1-C2) - set 1", containing 182 commonly used words.
Would you like to not only understand these words, but also remember them and use them actively? Create a free account and select Spanish as the language you want to learn.
the line of credit