Line of Credit
The amount of credit a lender will extend to a borrower over a specified period of time. A credit card is essentially a line of credit.
Welcome to our Chargebacks Glossary! This page is your go-to resource for understanding the terminology used in the chargebacks industry. Whether you're a merchant, financial institution, or consumer, our glossary provides clear definitions of key terms, from "Acquirer" to "Zero Liability Policy."
The amount of credit a lender will extend to a borrower over a specified period of time. A credit card is essentially a line of credit.