line of credit 授信额度；信贷限额；信用额度

一方向另一方承诺的最高信用限额，通常由银行、零售商、信用卡发放机构向客户提供，从而方便其业务往来，但客户不可突破这一限额。该信用限额一般用于一系列的交易，当额度即将用完时，客户需通过付款来减少负债，从而维持其信用额度。

A line of credit is a credit facility extended by a bank or other financial institution to a government, business or individual customer that enables the customer to draw on the facility when the customer needs funds. A line of credit takes several forms, such as an overdraft limit, demand loan, special purpose, export packing credit, term loan, discounting, purchase of commercial bills, traditional revolving credit card account, etc. It is effectively a source of funds that can readily be tapped at the borrower's discretion. Interest is paid only on money actually withdrawn. Lines of credit can be secured by collateral, or may be unsecured. Lines of credit are often extended by banks, financial institutions and other licensed consumer lenders to creditworthy customers (though certain special-purpose lines of credit may not have creditworthiness requirements) to address fluctuating cash flow needs of the customer. The maximum amount of funds a customer is allowed to draw from a line of credit is typically called the credit limit or overdraft limit. The term credit limit is commonly used for credit cards whereas the term overdraft limit is more commonly used for bank accounts. 以下为相关例句，供参考，以加深对该术语的理解：

例句1

A line of credit (LOC) is a preset borrowing limit that can be tapped into at any time. The borrower can take money out as needed until the limit is reached, and as money is repaid, it can be borrowed again in the case of an open line of credit.

信用额度是一个预设的借款限额，可以随时使用。借款人可以根据需要取出资金，直到达到限额，并且随着资金的偿还，在开放式信用额度的情况下，可以再次借款。

例句2

A line of credit (LOC) is an arrangement between a financial institution—usually a bank—and a client that establishes the maximum loan amount the customer can borrow. The borrower can access funds from the line of credit at any time as long as they do not exceed the maximum amount (or credit limit) set in the agreement.

信贷限额（LOC）是金融机构（通常是银行）和客户之间的一种安排，它确定了客户可以借入的最大贷款金额。借款人可以在任何时候从信贷限额中获得资金，只要这些资金不超过协议中设定的最高额度（或授信额度）。

例句3

A line of credit has built-in flexibility, which is its main advantage. Borrowers can request a certain amount, but they do not have to use it all. Rather, they can tailor their spending from the LOC to their needs and owe interest only on the amount they draw, not on the entire credit line. In addition, borrowers can adjust their repayment amounts as needed, based on their budget or cash flow. They can repay, for example, the entire outstanding balance all at once or just make the minimum monthly payments.

信贷限额有内在的灵活性，这是它的主要优势。借款人可以要求一定的金额，但不必全部使用。相反，他们可以根据自己的需求定制自己在LOC上的支出，并且只在他们提取的金额上欠利息，而不是在整个信贷限额上。此外，借款人可以根据自己的预算或现金流，根据需要调整还款金额。例如，他们可以一次性偿还全部未偿余额，或者每月支付最低金额。

例句4

The main advantage of a line of credit is the ability to borrow only the amount needed and avoid paying interest on a large loan. That said, borrowers need to be aware of potential problems when taking out a line of credit.

信贷限额的主要优势是能够只借所需的金额，避免支付大额贷款的利息。也就是说，借款人在申请信贷限额时需要意识到潜在的问题。