### Question
What does line of credit mean?


### Answer
**Line of credit** has the following meaning in *23 U.S.C. § 601*:

> an agreement entered into by the Secretary with an obligor under section 604 to provide a direct loan at a future date upon the occurrence of certain events

#### Citation:
  - *23 U.S.C. § 601*
  - Heading: **CHAPTER 6-INFRASTRUCTURE FINANCE**

