large amount of credit

USAGE SUMMARY

The phrase "large amount of credit" is correct and usable in written English.
It can be used when discussing the extent of credit given or received, often in financial or academic contexts. Example: "The company received a large amount of credit from investors, allowing it to expand its operations."

✓ Grammatically correct

News & Media

Encyclopedias

Wiki

Human-verified examples from authoritative sources

Exact Expressions

10 human-written examples

These will be hard to refinance.Another worry is the large amount of credit protection that Wachovia is thought to have sold on risky tranches of mortgage-backed securities.

The Economist

Under the British plan they would have had to give an unconscionably large amount of credit, with no certainty of repayment.

Encyclopedia Britannica

"There is a large amount of credit out there and a large [number] of people who are trying different types of credit as a way to keep afloat," he said.

The Guardian - Money

Justin's ability to open holes for Aldon to run through was given a large amount of credit for Aldon's N.F.C.-leading 19.5 sacks this season, and his triceps injury was largely blamed for Aldon's dropoff in production after Week 15.

The New York Times

The result is that debt has grown quickly in China since the global financial crisis when they unleashed a large amount of credit to help stimulate their economy.

BBC

And, for reasons I'll explain in a moment, I owe a large amount of credit for that to the power of social media.

TechCrunch

Human-verified similar examples from authoritative sources

Similar Expressions

50 human-written examples

That requires large amounts of credit, largely from banks which are hardly in a generous mood and are fully aware that their collateral, if the buyer stumbles, has just depreciated.Given mutual interest in survival, yards and ship owners are no doubt discussing delays.

The Economist

Mr. Escalante said Mexicans are in a better position to weather economic turmoil because many own their homes outright and do not carry large amounts of credit card debt.

The New York Times

And his willingness to defy miserly central banker traditions and make large amounts of credit available after the 1987 stock market crash and again after the 1998 Asian economic crisis may well have averted far more significant economic disruptions.

The New York Times

I go back to that period of stress and the orderly settlements of large amounts of credit derivatives, for names that were widely followed, were testament of the efficiency of the auction system".

The New York Times

And American consumers, who took on home equity loans and large amounts of credit card debt to finance their lifestyles earlier in the decade, curtailed their spending for a second consecutive quarter.

The New York Times

Expert writing Tips

Best practice

When discussing credit, be specific about its type (e.g., credit card debt, line of credit) to provide clarity and context for your audience.

Common error

Avoid using "large amount of credit" interchangeably with terms like "capital", "funding", or "investment". Credit specifically refers to borrowed money that needs to be repaid, whereas the others may not.

Linguistic Context

The phrase "large amount of credit" functions primarily as a noun phrase. It quantifies the extent of credit, indicating a significant sum of borrowed money or financial trust extended. Ludwig AI validates this usage with numerous real-world examples.

Expression frequency: Common

Frequent in

News & Media

60%

Wiki

20%

Encyclopedias

10%

Less common in

Science

5%

Formal & Business

3%

Reference

2%

Ludwig's WRAP-UP

In summary, "large amount of credit" is a grammatically correct and commonly used phrase that describes a significant quantity of credit, whether available or utilized. Ludwig AI confirms its broad acceptance and frequent appearance in news, encyclopedias, and wiki sources. When using this phrase, consider specifying the type of credit to provide clarity. While seemingly simple, avoiding confusion with similar financial terms like "capital" or "funding" is essential for accuracy. Alternatives such as "substantial credit line" or "significant credit facility" can add nuance depending on the context.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

substantial credit line

Emphasizes the credit as a formal agreement, suggesting a readily available source of funds.

significant credit facility

Highlights the institutional aspect and the ease with which funds can be accessed.

extensive credit availability

Focuses on the breadth of opportunities to obtain credit.

considerable borrowing capacity

Stresses the potential for borrowing, indicating a high limit.

generous credit terms

Highlights the favorable conditions under which credit is extended, such as low interest rates or flexible repayment schedules.

ample credit resources

Suggests a sufficiency of funds available for lending, emphasizing the lender's position.

sizeable credit allocation

Implies a dedicated portion of funds set aside specifically for credit extension.

high credit exposure

Highlights the financial risk assumed by the lender due to the significant amount of credit extended.

notable credit allowance

Focuses on the approval of credit, indicating an official sanction for borrowing.

significant debt capacity

Stresses the debtor's ability to manage and repay a large amount of debt.

FAQs

How can I use "large amount of credit" in a sentence?

You can use "large amount of credit" to describe a significant sum of money available for borrowing, as in, "The company secured a "large amount of credit" to fund its expansion."

What are some alternatives to saying "large amount of credit"?

Consider using phrases like "substantial credit line", "significant credit facility", or "extensive credit availability" depending on the context.

Is it grammatically correct to say "a large credit amount" instead of "large amount of credit"?

While "a large credit amount" is understandable, ""large amount of credit"" is the more common and grammatically preferred phrasing.

What's the difference between "large amount of credit" and "line of credit"?

"Large amount of credit" describes the quantity of credit available or used, while "line of credit" refers to a specific type of credit account that allows borrowing up to a certain limit.