Depends on your perspective. The way I look at it; in the PBX/Key System world, any circuit facing a Telco is a trunk, and anything going to a desktop device is a "line" (aka "station").
When you get into the carrier world, it depends on the switch interface, since a CO Switch (5ESS, DMS100, etc.) has a "line" side and a "trunk" side. So from a Telco perspective, anything connecting to the "trunk" side (E&M, T-1, PRI, that sort of thing) is a trunk, while your POTS lines (1MB, 1FR, GR-303 groups, etc.) are "lines".
Ground Start 1MB's are an interesting hybrid of these terms, since in the PBX world they are almost universally referred to as trunks, but at the CO are a "line side" circuit.