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Glossary
Technical Foundations
Credit Limit
A credit limit is a cap on how much a creditor or credit syndicate is prepared to extend to a borrower at any one time on a revolving line such as a credit facility or credit card.
Credit Limit
A credit limit is a cap on how much a creditor or credit syndicate is prepared to extend to a borrower at any one time on a revolving line such as a credit facility or credit card.