letter of credit facility agreement

См. также в других словарях:

• 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

• credit — an entry made on the right hand side of an account and indicating a gain to a liability, owner s equity or revenue account. Glossary of Business Terms money loaned. Bloomberg Financial Dictionary * * * ▪ I. credit cred‧it 1 [ˈkredt] noun 1.… …   Financial and business terms

• Credit — Money loaned. The New York Times Financial Glossary * * * ▪ I. credit cred‧it 1 [ˈkredt] noun 1. [uncountable] COMMERCE an arrangement with a shop, supplier etc to buy something now and pay for it later: • They are saving for new furniture… …   Financial and business terms

• bilateral facility — United Kingdom A loan or other credit facility provided by a single lender to a borrower (or associated borrowers) under the terms of one facility agreement. A bilateral loan is a loan provided under a bilateral facility but the expression… …   Law dictionary

• syndicated facility — United Kingdom A loan or other credit facility provided by more than one lender to a borrower (or associated borrowers) under the terms and conditions of one facility agreement. A syndicated loan is a loan provided under a syndicated facility but …   Law dictionary

• bilateral loan — United Kingdom A loan or other credit facility provided by a single lender to a borrower (or associated borrowers) under the terms of one facility agreement. A bilateral loan is a loan provided under a bilateral facility but the expression… …   Law dictionary

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• Short (finance) — Schematic representation of short selling in two steps. The short seller borrows shares and immediately sells them. He then waits, hoping for the stock price to decrease, when the seller can profit by purchasing the shares to return to the lender …   Wikipedia