LOC in Credit Meaning
The LOC meaning in Credit terms is "Lines of Credit". There are 2 related meanings of the LOC Credit abbreviation.
LOC on Credit 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 LOC stand for Credit?
LOC stands for Lines of Credit in Credit terms.
What is the shortened form of Line of Credit in Credit?
The short form of "Line of Credit" is LOC for Credit.
Citation
LOC in Credit. Acronym24.com. (2021, December 15). Retrieved April 25, 2024 from https://acronym24.com/loc-meaning-in-credit/
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