High Credit

Business, Legal & Accounting Glossary

Definition: High Credit


High Credit


Full Definition of High Credit


The maximum dollar amount of all loans an individual can have outstanding at one time, beyond which a lender is unwilling to provide additional loans.


Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/high-credit/
Modern Language Association (MLA):
High Credit. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 23, 2024 https://payrollheaven.com/define/high-credit/.
Chicago Manual of Style (CMS):
High Credit. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/high-credit/ (accessed: April 23, 2024).
American Psychological Association (APA):
High Credit. PayrollHeaven.com. Retrieved April 23, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/high-credit/

Definition Sources


Definitions for High Credit are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.