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Meaning of "credit limit" in the English dictionary

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DICTIONARY
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PRONUNCIATION OF CREDIT LIMIT

credit limit  [ˈkrɛdɪt ˈlɪmɪt] play
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GRAMMATICAL CATEGORY OF CREDIT LIMIT

noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation
Credit limit is a noun.
A noun is a type of word the meaning of which determines reality. Nouns provide the names for all things: people, objects, sensations, feelings, etc.

WHAT DOES CREDIT LIMIT MEAN IN 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. For example, it is the most that a credit card company will allow a card holder to take out at once on a credit card. This limit is based on a variety of factors ranging from an individual's ability to make interest payments, an organization's cashflow and/or ability to repay the credit card debt and is an obligation of the consumer to pay just like all other parts of the balance.

Definition of credit limit in the English dictionary

The definition of credit limit in the dictionary is the maximum credit that a customer is allowed.

WORDS THAT RHYME WITH CREDIT LIMIT


antepenultimate
ˌæntɪpɪˈnʌltɪmɪt
approximate
əˈprɒksɪmɪt
climate
ˈklaɪmɪt
delimit
diːˈlɪmɪt
ecoclimate
ˌiːkəʊˈklaɪmɪt
exanimate
ɪɡˈzænɪmɪt
guesstimate
ˈɡɛstɪmɪt
illegitimate
ˌɪlɪˈdʒɪtɪmɪt
inanimate
ɪnˈænɪmɪt
intimate
ˈɪntɪmɪt
legitimate
lɪˈdʒɪtɪmɪt
limit
ˈlɪmɪt
macroclimate
ˈmækrəʊˌklaɪmɪt
microclimate
ˈmaɪkrəʊˌklaɪmɪt
penultimate
pɪˈnʌltɪmɪt
prelimit
priːˈlɪmɪt
proximate
ˈprɒksɪmɪt
semmit
ˈsɪmɪt
sublimit
ˈsʌbˌlɪmɪt
ultimate
ˈʌltɪmɪt

WORDS THAT BEGIN LIKE CREDIT LIMIT

credit card
credit charges
credit check
credit control
credit crunch
credit default swap
credit entry
credit facilities
credit history
credit hour
credit line
credit note
credit rating
credit risk
credit sales
credit side
credit slip
credit squeeze
credit standing
credit terms

WORDS THAT END LIKE CREDIT LIMIT

age limit
cash limit
Chandrasekhar limit
drink-drive limit
Eddington limit
elastic limit
fatigue limit
firn limit
legal limit
lending limit
overdraft limit
price limit
Roche limit
speed limit
the limit
three-mile limit
timber limit
time limit
twelve-mile limit
weight limit

Synonyms and antonyms of credit limit in the English dictionary of synonyms

SYNONYMS

Translation of «credit limit» into 25 languages

TRANSLATOR
online translator

TRANSLATION OF CREDIT LIMIT

Find out the translation of credit limit to 25 languages with our English multilingual translator.
The translations of credit limit from English to other languages presented in this section have been obtained through automatic statistical translation; where the essential translation unit is the word «credit limit» in English.

Translator English - Chinese

信用额度
1,325 millions of speakers

Translator English - Spanish

límite de crédito
570 millions of speakers

English

credit limit
510 millions of speakers

Translator English - Hindi

क्रेडिट सीमा
380 millions of speakers
ar

Translator English - Arabic

الحد الائتماني
280 millions of speakers

Translator English - Russian

кредитный лимит
278 millions of speakers

Translator English - Portuguese

limite de crédito
270 millions of speakers

Translator English - Bengali

ক্রেডিট সীমা
260 millions of speakers

Translator English - French

limite de crédit
220 millions of speakers

Translator English - Malay

had kredit
190 millions of speakers

Translator English - German

Kreditlimit
180 millions of speakers

Translator English - Japanese

信用限度
130 millions of speakers

Translator English - Korean

신용 한도
85 millions of speakers

Translator English - Javanese

Watesan kredit
85 millions of speakers
vi

Translator English - Vietnamese

hạn mức tín dụng
80 millions of speakers

Translator English - Tamil

கடன் வரம்பு
75 millions of speakers

Translator English - Marathi

पत मर्यादा
75 millions of speakers

Translator English - Turkish

kredi limiti
70 millions of speakers

Translator English - Italian

limite di credito
65 millions of speakers

Translator English - Polish

limit kredytowy
50 millions of speakers

Translator English - Ukrainian

кредитний ліміт
40 millions of speakers

Translator English - Romanian

limita de credit
30 millions of speakers
el

Translator English - Greek

πιστωτικό όριο
15 millions of speakers
af

Translator English - Afrikaans

kredietlimiet
14 millions of speakers
sv

Translator English - Swedish

kreditgräns
10 millions of speakers
no

Translator English - Norwegian

kredittgrense
5 millions of speakers

Trends of use of credit limit

TRENDS

TENDENCIES OF USE OF THE TERM «CREDIT LIMIT»

The term «credit limit» is quite widely used and occupies the 48.676 position in our list of most widely used terms in the English dictionary.
0
100%
FREQUENCY
Quite widely used
78
/100
The map shown above gives the frequency of use of the term «credit limit» in the different countries.
Principal search tendencies and common uses of credit limit
List of principal searches undertaken by users to access our English online dictionary and most widely used expressions with the word «credit limit».

FREQUENCY OF USE OF THE TERM «CREDIT LIMIT» OVER TIME

The graph expresses the annual evolution of the frequency of use of the word «credit limit» during the past 500 years. Its implementation is based on analysing how often the term «credit limit» appears in digitalised printed sources in English between the year 1500 and the present day.

Examples of use in the English literature, quotes and news about credit limit

EXAMPLES

10 ENGLISH BOOKS RELATING TO «CREDIT LIMIT»

Discover the use of credit limit in the following bibliographical selection. Books relating to credit limit and brief extracts from same to provide context of its use in English literature.
1
Quicken 2009: The Missing Manual
WORD TO THE WISE Putting the Brakes on Charging If you've charged ahead once too often, Quicken alerts can raise a red flag before you get into trouble. A credit card account in Quicken includes a Credit Limit field, which you can set so  ...
Bonnie Biafore, 2008
2
Measuring Credit Risk
Individual credit decisions should be made within the framework of a total credit limit for individual divisions and for the company as a whole. This limit should be consistent with the organization's credit strategy. At a policy-making level, there ...
Alastair Graham, Brian Coyle, 2000
3
Credit Management: How to Manage Credit Effectively and Make ...
How to Manage Credit Effectively and Make a Real Contribution to Profits Richard M. V. Bass. 2 The credit limit which is a barrier. This would be relevant to a risk category C customer. Credit limits as guidelines occur when the limit needed to ...
Richard M. V. Bass, 1991
4
Global Credit Management: An Executive Summary
14.3.2 Credit limit model considerations Many credit analysts consider that a credit limit should not exceed a fixed percentage of a company's net tangible equity (NTE). A commonly used limit factor is 5% of NTE. The temptation in using this ...
Ron Wells, 2004
5
Sap R/3 Black Book
The credit control can be expanded for a customer by specifying a central credit limit for all credit control areas to which that customer is assigned. Note that the total of the limits at the level of the credit control area must never be greater than  ...
Dreamtech Software Team, 2006
6
Finance 101: The Whiz Kid's Perfect Credit Guide
credit reports and will raise the question to financial institutions as to why a consumer or credit card provider would reduce their credit limit. It will make them think that the consumer is financially weak. In the case of Fiorella, she can ask ...
Danny Singh, 2012
7
Minimum Requirements for Credit Management (MRCM)
5.5.6 The setting of the credit limit is documented (to the extent it serves a purpose, on standardised credit setting forms). Each establishment of a credit limit must be documented in a suitable manner in writing or electronically. On the basis of ...
Verein für Credit Management Schweiz www.creditmanager.ch, 2012
8
Reductions of Consumer Credit Limits Based on Certain ...
To conduct this analysis, the credit limit of each active bank credit card account for each individual as of June 30, 2007, was compared with the credit limit on that card as of December 31, 2008. Accounts that experienced reductions in their ...
Barry Leonard, 2011
9
Business Basics in Hawaii: Secrets of Starting Your Own ...
The other consideration for trade credit is the credit limit. Think of your credit limit as being similar to the credit limit on your charge cards. Your initial charge card limit might have been $300. If you are the same as many other people, in a short  ...
Dennis Kondo, 1988
10
Finance 101: The Whiz Kid's Perfect Credit Guide:The Teen ...
credit reports and will raise the question to financial institutions as to why a consumer or credit card provider would reduce their credit limit. It will make them think that the consumer is financially weak. In the case of Fiorella, she can ask ...
Danny Singh, 2012

10 NEWS ITEMS WHICH INCLUDE THE TERM «CREDIT LIMIT»

Find out what the national and international press are talking about and how the term credit limit is used in the context of the following news items.
1
Small Businesses Vet Their Paper Clips More Carefully Than They …
A higher credit score and credit limit are both promising indicators that a company is in good financial shape. Providers Are Not One-Size-Fits- ... «Forbes, Jul 15»
2
Stock Update (NYSE:DFS): Discover Financial Services Survey …
... yet 44 percent of those surveyed have either missed a payment, paid a late fee, exceeded their credit limit or had to work out a payment plan ... «Smarter Analyst, Jul 15»
3
CRISIL ratings for Indian debt instruments-Jul 8
... Overdraft Fac CRISIL A4 7.5 Assigned Shree Nath Ji Dye Stuffs Proposed Buyer CRISIL A4 30 Assigned Credit Limit Singhania and Sons Pvt ... «Reuters, Jul 15»
4
Buying Your First Car as a College Student
With a secured credit card, your credit limit is set by the amount of the cash deposit that you put down. And by using your card wisely and ... «Auto Credit Express, Jul 15»
5
Pre-Market Stocks Recap: JinkoSolar Holding (NYSE:JKS), Allstate …
Under the new terms of the credit agreement, JinkoSolar US's credit limit will be raised to $40 million from $20 million. JinkoSolar Holding Co. «wsnewspublishers, Jul 15»
6
What it's like to start a business on Instagram
As Dower's business grew, he says his credit limit went up, enabling him to bolster his production cycle and run Unfortunate Portrait more ... «Delmarva Public Radio, Jul 15»
7
Improving your credit score | Money Matters
Increasing a credit limit could help with this, but do not use the credit increase for purchases. Finally, family and friends can be added as ... «Local 8 Now, Jul 15»
8
Homeless, landless, jobless
Nagji Sakaria, a diamond merchant in Mahidharpura, "There are two factors; one is of reduced credit limit by the rough dealers and the other ... «Times of India, Jul 15»
9
SECC survey: 97% rural families do not pay income tax
... do not have a fridge; 38% families are landless and only 8.42% of the households have a 'kisan card' with credit limit of Rs 50,000 or above. «Hindustan Times, Jul 15»
10
Campus Package from Banif Bank gives instant gifts
... local shopping; a fee-free Visa Classic Credit Card with a credit limit of €1,000 for over 18 year olds with complimentary travel insurance and ... «MaltaToday, Jul 15»

REFERENCE
« EDUCALINGO. Credit limit [online]. Available <https://educalingo.com/en/dic-en/credit-limit>. Apr 2024 ».
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