- credit facility agreement
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See facility agreement.
Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010.
credit facility agreement
Look at other dictionaries:
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
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
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 [ˈkredt] noun 1.… … Financial and business terms
Credit — Money loaned. The New York Times Financial Glossary * * * ▪ I. credit cred‧it 1 [ˈkredt] 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
credit line — 1) The extent of the credit available to a borrower or the user of a credit card as set down in the initial credit agreement. 2) The facility for borrowing money over a given period to a specified extent … 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
loan agreement — UK See facility agreement. + loan agreement USA Also known as a credit agreement. The main transaction document for a loan financing between one or more lenders and a borrower. It sets out the: • Terms of the loan … 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 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
