credit line of in vs credit line for

Both phrases are correct, but they are used in different contexts. 'Credit line for' is the more common and appropriate phrase when referring to the purpose or reason for a credit line. On the other hand, 'credit line of in' does not make sense in English.

Last updated: March 25, 2024 • 610 views

This phrase is not correct in English. It does not convey a clear meaning or fit any common usage.

"credit line of in"

This phrase does not have a correct usage in English. It should be avoided.

Show examples from the web [+]

The pool of private banks had granted Schneider AG a credit line of EUR 31 million in 1998.
Mr President, most of our States have lines of credit in their budgetary law for dealing with disasters.
a credit line may be matched by an individual transaction or by a credit line: in both cases, the matching offer shall expire no later than the credit line being matched;
It is also noted that this credit lines is not substantially different in its conditions from the other commercial credit lines obtained by the sampled exporting producers, where fees are charged, including those from foreign banks.
The GOC claimed that the Commission's claim that in normal market circumstances credit lines are subject to substantial commitment and administration fees is groundless as such fees only apply to 'committed credit lines'.
As stated in the recital above the credit line used as a benchmark is not substantially different in its conditions from the other commercial credit lines obtained by the sampled exporting producers, including from banks outside China.
Although the Agreements have the characteristics of normal credit lines, they go beyond the terms and conditions of normal credit lines and are effectively strategic partnerships between public bodies and firms to pursue government policy.
Notwithstanding sub-paragraph g), the discount rate used to calculate the concessionality level of individual transactions initiated under an aid credit line shall be the rate that was originally notified for the credit line.
In cases where the duration of the credit line was more than one year, the total amount of subsidy was allocated over the duration of the credit line and an appropriate amount attributed to the IP.
This credit line was granted by a bank whose headquarters is established in the financial jurisdiction other than PRC and it is shows all the elements of commercial credit lines available on world financial markets and other agreements found in the commercial sector.
NCBs shall compile and report aggregated statistical information on MFI credit lines granted to domestic residents and MFI credit lines granted to other euro area non-domestic residents, broken down by institutional sector, in accordance with Part 20 of Annex II.
M3 MT 900 MT 910 MT 940/950 Optional Optional Optional Confirmation of debit/ Credit line change Confirmation of credit/ Credit line change (Customer) statement message
Notwithstanding subparagraph g), the discount rate used to calculate the concessionality level of individual transactions initiated under an aid credit line shall be the rate that was originally notified for the credit line.
Credit agreement for a credit line of € 2500 for a period of six months.
Credit agreement for a credit line of EUR 2500 for a period of six months.
Credit agreement for an open-end credit line of EUR 2500.
Usinor Belgium will contribute to Carsid's credit requirements with a loan of [...] and a credit line of the same amount, bearing interest at an annual rate of [...].
The granting by CGD of a EUR 300 million liquidity line to the combined entity after the sale and the maintenance of a credit line of commercial paper of EUR [150-350] million in favour of BPN
You have a credit line of 20 million nt
The rescue aid approved by the Commission was granted in the form of a guarantee on two credit lines of 2,5 million each.

This phrase is correct and commonly used when referring to the purpose or reason for a credit line.

"credit line for"

'Credit line for' is used to indicate the reason or purpose for having a credit line, such as 'credit line for emergencies.'

Examples:

I have a credit line for unexpected expenses.
She opened a credit line for business purposes.
The bank approved a credit line for the company's expansion plans.
They applied for a credit line for home renovations.
The credit line for students helps cover educational expenses.

Show examples from the web [+]

I know that the EU budget does not provide for any credit line for natural disasters occurring in the territory of the Union.
Subject: Credit line for support to farmers
Title: Compensation for damage caused by drought. Credit line for potato and citrus fruit growers
He's opening the credit line for the Tumbleweed up again.
...prime minister says his country is setting up a $10 billion credit line for...
European and international financial institutions should establish a special credit line for small and medium-sized enterprises and for the support of infrastructure projects.
In this connection, Bouygues Telecom adds that the recourse to ERAP in the granting, by the French authorities, of a EUR 9 billion credit line for the benefit of France Télécom in no way alters the state origin of the funds.
This cash pooling led the ABX group in January 2001 to open, with a guarantee from SNCB, a single cash credit line for a maximum amount of EUR [...] million at a financial establishment.
The existing credit line for EUR [150-500] million set out in the Framework Agreement in relation to BPN's commercial paper programme and guaranteed by the State, will not be extended beyond [...] years from the date of sale.
Execution of payment transactions where the funds are covered by a credit line for a payment service user:
execution of payment transactions through a credit card where the funds are covered by a credit line for a payment services user, including revolving credit,
Title: Credit line for animal feed.
Subject: Credit line for support to farmers
Execution of payment transactions where the funds are covered by a credit line for a payment service user:
Subject: Credit line for support to farmers

Alternatives:

credit line to
credit line with
credit line from
credit line on
credit line at

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credit line of in vs credit line for

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