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bank facility

См. также в других словарях:

  • bank facility — UK US noun [C] ► BANKING, FINANCE an arrangement with a bank allowing a company or organization to borrow money up to a certain amount: »They financed the purchase of the company with cash reserves and short term bank facilities …   Financial and business terms

  • revolving bank facility — standby revolving credit A loan from a bank or group of banks to a company in which the company has flexibility with regard to the timing and the number of drawdowns and repayments; any loan repaid can be reborrowed subject to fulfilment of the… …   Accounting dictionary

  • revolving bank facility — standby revolving credit A loan from a bank or group of banks to a company in which the company has flexibility with regard to the timing and the number of drawdowns and repayments; any loan repaid can be reborrowed subject to fulfilment of the… …   Big dictionary of business and management

  • bilateral bank facility — A facility provided by a bank to a corporate customer. The agreement is restricted to the two parties, which enables a relationship to develop between the bank and the customer (see relationship banking). Compare: syndicated bank facility …   Accounting dictionary

  • syndicated bank facility — syndicated loan A very large loan made to one borrower by a group of banks headed by one lead bank, which usually takes only a small percentage of the loan itself, syndicating the rest to other banks and financial institutions. The loans are… …   Accounting dictionary

  • bilateral bank facility — A facility provided by a bank to a corporate customer. The agreement is restricted to the two parties, which enables a relationship to develop between the bank and the customer (see relationship banking). Compare syndicated bank facility …   Big dictionary of business and management

  • syndicated bank facility — syndicated loan A very large loan made to one borrower by a group of banks headed by one lead manager, which usually takes only a small percentage of the loan itself, syndicating the rest to other banks and financial institutions. The loans are… …   Big dictionary of business and management

  • non-revolving bank facility — A loan from a bank to a company in which the company has a period (often several years) in which to make its drawdowns, as well as flexibility with regard to the amount and timing of the drawdowns, but once drawn an amount takes on the… …   Accounting dictionary

  • non-revolving bank facility — A loan from a bank to a company in which the company has a period (often several years) in which to make its drawdowns, as well as flexibility with regard to the amount and timing of the drawdowns, but once drawn an amount takes on the… …   Big dictionary of business and management

  • facility — facility, faculty 1. Facility (from Latin facilis meaning ‘easy’) means ‘ease or ready ability to do something, aptitude’: • Firstborn children have greater verbal facility, and there is evidence that they have more successful relationships with… …   Modern English usage

  • swingline bank facility — swingline loan A facility that enables a borrower to avail itself of funds at very short notice, usually on a same day basis, often to cover shortfalls in other credit arrangements. It may form part of a multi option facility …   Accounting dictionary

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