Credit And Debt

noun the ability or capacity to borrow money or obtain credit

• The bank assesses your borrowing power before approving a loan.
• I need to figure out my borrowing power before applying for a mortgage.
• My borrowing power is pretty low right now, so I can't afford to buy a new car.
• In negotiations, it's important to understand the other party's borrowing power to leverage your position.

noun an arrangement allowing a customer to buy goods or services on credit

• The company was approved for a $1 million credit line from the bank.
• I just got my credit line increased to $10,000!
• I maxed out my credit line buying all those new clothes.
• His creativity has no credit line; it's limitless.