bilateral facility

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 bilateral loan is often used interchangeably with bilateral facility, even when the bilateral facility comprises loan and other facilities (such as a letter of credit facility).
Related links

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

Игры ⚽ Поможем сделать НИР

Look at other dictionaries:

  • 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

  • bilateral loans — USA A loan agreement between a borrower and a single lender (as opposed to a syndicated loan agreement where there are multiple lenders). In some financing transactions the borrower may have two or more bilateral loan agreements, each with a… …   Law 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 …   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

  • 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

  • Commodity Futures Modernization Act of 2000 — The Commodity Futures Modernization Act of 2000 (CFMA) is United States federal legislation that officially ensured the deregulation of financial products known as over the counter derivatives. It was signed into law on December 21, 2000 by… …   Wikipedia

  • Nuclear proliferation — World map with nuclear weapons development status represented by color.   Five nuclear weapons states from the NPT …   Wikipedia

  • Electroconvulsive therapy — Intervention ICD 10 PCS GZB ICD 9 CM 94.27 …   Wikipedia

  • japan — japanner, n. /jeuh pan /, n., adj., v., japanned, japanning. n. 1. any of various hard, durable, black varnishes, originally from Japan, for coating wood, metal, or other surfaces. 2. work varnished and figured in the Japanese manner. 3. Japans,… …   Universalium

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”