LC in Loan Meaning
The LC meaning in Loan terms is "Lines of Credit". There are 2 related meanings of the LC Loan abbreviation.
LC on Loan Full Forms
- Lines of Credit
- Line of Credit Generally an informal understanding between the borrower and the bank as to the maximum amount of credit that the bank will provide the borrower at any one time.
Frequently Asked Questions (FAQ)
What does LC stand for Loan?
LC stands for Line of Credit in Loan terms.
What is the shortened form of Lines of Credit in Loan?
The short form of "Lines of Credit" is LC for Loan.
Citation
LC in Loan. Acronym24.com. (2022, March 26). Retrieved May 3, 2024 from https://acronym24.com/lc-meaning-in-loan/
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