"line of credits" क्या होता है? किसीं देश को इसके अंतर्गत कर्ज देना मतलब क्या है ?
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Line of credit (LOC) is an agreement in which preset amount of money that a financial institution : bank or credit union, has agreed to lend to customer. the customer can draw from the line of credit when he need it, up to the maximum amount, and pay interest on the borrowed amount.
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