credit limit
noun
: the most money that a bank or business will allow a person to borrow
Some banks will charge a fee if you go over your credit limit.
Examples of credit limit in a Sentence
Recent Examples on the Web
For 20%, a high credit limit for big purchases was their biggest factor.
—
Staff Report, Hartford Courant, 17 Feb. 2025
Businesses with credit facilities might be limited—whether by their credit limit or by their lender—when requesting an overadvance, but subordinated debt allows access to further capital.
—Expert Panel®, Forbes, 22 Jan. 2025
Other times, reports may show the wrong credit limit or mess up your payment history.
—Kim Komando, USA TODAY, 23 Jan. 2025
When approved, the business receives a credit limit.
—Rohit Arora, Forbes, 10 Jan. 2025
See all Example Sentences for credit limit 
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Staff Report, Hartford Courant, 17 Feb. 2025
Businesses with credit facilities might be limited—whether by their credit limit or by their lender—when requesting an overadvance, but subordinated debt allows access to further capital.
—Expert Panel®, Forbes, 22 Jan. 2025
Other times, reports may show the wrong credit limit or mess up your payment history.
—Kim Komando, USA TODAY, 23 Jan. 2025
When approved, the business receives a credit limit.
—Rohit Arora, Forbes, 10 Jan. 2025
See all Example Sentences for credit limit
Dictionary Entries Near credit limit
Cite this Entry
“Credit limit.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/credit%20limit. Accessed 22 Feb. 2025.
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