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credit facility

См. также в других словарях:

  • credit facility — ➔ facility * * * credit facility UK US noun [C] ► FINANCE, BANKING an arrangement between a bank and a business that allows the business to borrow a particular amount of money for different purposes for a particular period of time: »The software… …   Financial and business terms

  • Credit Facility — A type of loan made in a business or corporate finance context. Specific types of credit facilities are: revolving credit, term loans, committed facilities, letters of credit and most retail credit accounts. Companies frequently implement a… …   Investment dictionary

  • credit facility agreement — See facility agreement. Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010 …   Law dictionary

  • Primary Dealer Credit Facility — On March 17, 2008, in response to the subprime mortgage crisis and the collapse of Bear Stearns, the Federal Reserve announced the creation of a new lending facility, the Primary Dealer Credit Facility (PDCF). Eligible borrowers include all… …   Wikipedia

  • revolving credit facility — an arrangement (usually with a bank) that requires the borrower to undertake to make regular periodic payments into a designated account in return for the facility to borrow on that account up to a specified sum, the amount of which is usually… …   Law dictionary

  • Primary Dealer Credit Facility - PDCF — An institution created by the Federal Reserve to provide overnight loans to primary dealers through their clearing banks in exchange for eligible collateral. The Primary Dealer Credit Facility (PDCF) provides loans that settle the same business… …   Investment dictionary

  • revolving credit facility — UK US noun [C] ► FINANCE, BANKING an arrangement between a bank and a business that allows the business to borrow a particular amount of money, and then to borrow more money if part of the original loan is paid back: »Renewal of the company s… …   Financial and business terms

  • Global credit facility —   A credit facility granted by to a corporate customer by a financial institution. The facility is available world wide for either all the corporate groups subsidiaries or one or more subsidiaries of the group operating world wide …   International financial encyclopaedia

  • Revolving Credit Facility — Der Kontokorrentkredit (ital.: conto = Rechnung, corrente = laufend; engl. Revolving credit facility / RCF) ist ein revolvierendes Bankdarlehen, also ein Kredit, der während eines festgelegten Zeitraumes zurückgezahlt und wieder beansprucht… …   Deutsch Wikipedia

  • facility — fa‧cil‧i‧ty [fəˈsɪlti] noun facilities PLURALFORM 1. facilities [plural] PROPERTY special buildings or equipment that have been provided for a particular use, such as sports activities, shopping or travelling: • The hotel s leisure facilities… …   Financial and business terms

  • facility agreement — Also known as a facility letter or a loan agreement. An agreement (or letter) in which a lender (usually a bank) sets out the terms and conditions on which it is prepared to make a loan available to the borrower. It usually details the extent of… …   Law dictionary

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