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fido a credito
/ˈfi.do a ˈkrɛ.di.to/
credit line
La banca ha concesso alla società un fido a credito di 500.000 euro.
The bank granted the company a credit line of 500,000 euros.
Finance
formal
A pre-approved credit limit granted by a bank or financial institution to a borrower, allowing them to withdraw funds up to a specified amount.
Con il fido a credito, l'azienda può gestire meglio la liquidità senza dover richiedere prestiti ogni volta.
With the credit line, the company can better manage liquidity without having to request loans each time.
Often used in corporate finance to describe revolving credit facilities or overdraft limits.
Collocations
concedere un fido a creditoto grant a credit linerichiedere un fido a creditoto request a credit lineutilizzare il fido a creditoto use the credit line
Antonyms
Related Phrases
Pro Tip
Usage in contracts
Always check the terms of a 'fido a credito' agreement, including interest rates, repayment schedules, and any collateral requirements.
Gold Rule
Distinguish from overdraft
A 'fido a credito' is a pre-approved limit, whereas an overdraft is typically an unscheduled extension of credit that may incur higher fees.
Word Origin
The term 'fido' derives from Latin 'fidere' (to trust), reflecting the bank's trust in the borrower's ability to repay. 'Credito' comes from Latin 'creditum' (loan). The phrase combines these to describe a trusted credit arrangement.
Usage Notes
Common in Italian banking terminology, especially in corporate contexts. Not to be confused with 'fido' as a dog's name (from Latin 'fidelis', meaning faithful).
Word Breakdown
fido
trust/credit limit
roota credito
on credit
phraseDizionario Italiano-Inglese