0 the largest amount of money that a bank allows you to spend using a credit card
1 the maximum amount of money that a bank will allow someone to borrow, especially on a credit card:
As an example, agents may be permitted to pay by credit card, provided that the credit card is valid and their credit limit is not violated.
I mention it because absurdly, at the present time, credit unions are stuck with a credit limit of £2,000.
As we know, credit card companies often levy charges if a borrower pays late or exceeds their credit limit.
The store has the technology to show that the card has been used on a certain number of occasions, subject to a credit limit.
The credit company was not to know that, and upped his credit limit.
A friend of mine was working full-time and had a certain credit limit.
This credit limit was reached some time ago; indeed, last year we passed the gold point several times.
I asked how it would guarantee confidentiality and who else would know my credit limit.
