English Explanatory Dictionary

credit facility

English dictionary entry

Meanings

noun
  1. A financial agreement under which a creditor agrees to make an amount of credit available to a borrower, which may be borrowed on demand (a line of credit) or once certain conditions have been met.

Word forms

credit facility credit facilities

Etymology

From credit + facility.

This entry uses open data from Wiktionary (CC BY-SA/GFDL). Word forms are used for search and are not indexed as separate pages.
Back to search All on C Russian dictionary Dahl dictionary