Line of Credit

View Financial Glossary Index


Line of Credit is a prearranged amount of money that a company can use at any point. Similar to a loan, the line of credit typically has to be repaid with interest by a given time. However with a line of credit, the company only has to pay interest on the money that they used and does not have to take out funds at one given time but rather can take them out when need be.

An example of a line of credit is a credit card.

Are you an investing professional?

Click here to request a live demo of YCharts Professional, our premium suite of tools and data.
Learn more about our professional products. Call (866) 965-7552 or email




Please note that this feature is only available as an add-on to YCharts subscriptions.

Please note that this feature requires full activation of your account and is not permitted during the free trial period.

Start My Free Trial {{}} No credit card required.

Already a subscriber? Sign in.