A pre-approved sum of money which is often referred to as a “commercial line of Credit” or a “business credit”. This credit can be used by a company to help fund new business opportunities or pay for unexpected charges. Often used to fund common operations, and is often paid back once the funds become available.

Previous Terms: 1031 Exchange, 1035 Exchange, AARP, Abeyance, Abstraction Principle, Accelerated Amortization, Acceptance Credit, Acceptance of a Bill of Exchange, Accommodation Bill, Accommodation Endorser