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LOC in Financial Meaning

The LOC meaning in Financial terms is "Line of Credit". There are 1 related meanings of the LOC Financial abbreviation.

LOC on Financial Full Forms

  1. 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)

  1. What does LOC stand for Financial?

    LOC stands for Line of Credit in Financial terms.

  2. What is the shortened form of Line of Credit in Financial?

    The short form of "Line of Credit" is LOC for Financial.

Citation

LOC in Financial. Acronym24.com. (2021, December 15). Retrieved April 24, 2024 from https://acronym24.com/loc-meaning-in-financial/

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