What is Ligne de Crédit?
In this glossary, Ligne de Crédit refers to: A revolving credit facility offered by a financial institution that allows a borrower to draw funds up to a specified limit at any time, repaying and reborrowing as needed.
How is Ligne de Crédit used in finance?
In finance communication, this term appears in contexts such as: "Les entreprises utilisent une ligne de crédit pour financer le fonds de roulement; seuls les montants utilisés sont facturés en intérêts."
Why does Ligne de Crédit matter in finance?
Ligne de Crédit matters because it supports clear communication in Banking contexts for Financial Analysts, Bankers, and Traders. It also connects to aviation training and exam language such as CFA, ACCA, and FRM.
Who uses Ligne de Crédit?
Ligne de Crédit is mainly used by Financial Analysts, Bankers, and Traders.
What category does Ligne de Crédit belong to?
In this glossary, Ligne de Crédit is grouped under Banking. Related pages in this category explain adjacent procedures, commands and operational concepts.
Where does this definition come from?
This definition is sourced from CFA Institute, IFRS Foundation, FASB (GAAP), Basel III Framework and published by Protermify Finance as a static finance reference page.