Definitions of credit limit
the maximum amount of money that a person or business can borrow or owe
In case the credit limit is lowered, the borrower shall immediately pay the amount in excess of the new credit limit.
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credit limit means:
Substantiv
full
noun
the maximum amount of money that a person or business can borrow or owe
In case the credit limit is lowered, the borrower shall immediately pay the amount in excess of the new credit limit.