What is the meaning of bulge?

Informal term used by some lenders to describe a provision in a line of credit promissory note that allows for a temporary increase in the maximum amount that can be borrowed under the line of credit. A' bulge' is particularly suited to loans to firms with seasonal increases in sales.

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APABarry Goldsmith. (2010). bulge. Retrieved September 20, 2026, from http://smartdefine.org/bulge/definitions/1149084
ChicagoBarry Goldsmith. 2010. "bulge" http://smartdefine.org/bulge/definitions/1149084 (accessed September 20, 2026).
HarvardBarry Goldsmith 2010, bulge, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/bulge/definitions/1149084>.
MLABarry Goldsmith. "bulge" 21 October 2010. Web. 20 September 2026. <http://smartdefine.org/bulge/definitions/1149084>
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