ADVISED LINE
\ɐdvˈa͡ɪzd lˈa͡ɪn], \ɐdvˈaɪzd lˈaɪn], \ɐ_d_v_ˈaɪ_z_d l_ˈaɪ_n]\
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A BANK LINE that a financial institution approves and maintains for a customer. The size of the line is specifically conveyed to the customer, though availability depends on the terms of the credit agreement and/or the payment of a COMMITMENT FEE. Also known as CONFIRMED LINE. See also GUIDANCE LINE.
By Henry Campbell Black
