committed+facility

См. также в других словарях:

• Committed Facility — A credit facility whereby terms and conditions are clearly defined by the lending institution and imposed upon the borrowing company. In committed facilities, the borrowing companies must meet specific requirements set forth by the lending… …   Investment dictionary

• committed facility — An agreement between a bank and a customer to provide funds up to a specified maximum at a specified interest rate (in the UK this is usually based upon an agreed margin over the London Inter Bank Offered Rate) for a certain period. The total… …   Accounting dictionary

• committed facility — An agreement between a bank and a customer to provide funds up to a specified maximum at a specified interest rate (in the UK this is usually based upon an agreed margin over the London Inter Bank Offered Rate) for a certain period. The total… …   Big dictionary of business and management

• facility — An agreement between a bank and a company that grants the company a line of credit with the bank. This can either be a committed facility or an uncommitted facility …   Accounting dictionary

• facility — An agreement between a bank and a company that grants the company a line of credit with the bank. This can either be a committed facility or an uncommitted facility …   Big dictionary of business and management

• Facility — A term used to describe financial assistance programs offered by lending institutions to help companies requiring capital These financial assistance programs are merely another name for loans taken on by companies. Examples of such facilities… …   Investment dictionary

• revolving facility — A committed facility allowing a borrower to draw down and repay amounts (up to a limit) for short periods throughout the life of the facility. Amounts repaid can be re borrowed, thereby combining some of the flexibility of the overdraft facility… …   Law 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… …   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

• uncommitted facility — An agreement between a bank and a company in which the bank agrees in principle to make funding available to the company but is under no obligation to provide a specified amount of funding; if a loan is made it will be for only a short period.… …   Accounting dictionary

• uncommitted facility — An agreement between a bank and a company in which the bank agrees in principle to make funding available to the company but is under no obligation to provide a specified amount of funding; if a loan is made it will be for only a short period.… …   Big dictionary of business and management