Assigned Credit Limit definition
Assigned Credit Limit means the credit limit assigned by the Cardholder to the Supplementary Cardholder and notified to the Bank;
Examples of Assigned Credit Limit in a sentence
All outstanding balances or unpaid amounts in the Supplementary Card account in a particular month will be transferred to the Principal Cardholder account at the next statement date, following which the Assigned Credit Limit will be reinstated accordingly.