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 Glossary   >   D   >   "Demand line of credit" Definition   

        Demand line of credit

A bank line of credit that enables a customer to borrow on a daily or on-demand basis.

Demand line of credit


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Demand line of credit - A bank line of credit that enables a customer to borrow on a daily or on-demand basis.


Demand line of credit : a bank line of credit that enables a customer to borrow on a daily or on-demand basis.