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credit facility

Definition

A loan or collection of loans taken on by a corporation. These loans can be many different types, depending upon the needs of the company, and can vary from letters of credit to term loans, and can be committed or uncommitted.

Nearby Terms

credit default contract
credit default insurance
credit default swap
credit derivative
credit enhancement
credit facility
credit for prior coverage
credit for qualified retirement savings contribution
credit freeze
credit grantor
credit history

Popular 'Lending & Credit' Terms

equity
triple net lease
leverage
interest rate
amortization
security
accounts receivable
quick ratio
financial leverage
accounts payable

Related Terms

pay to play
Commercial Paper Funding Facility
Term Asset-Backed Securities Loan Facility
arrangement fee
facility fee
note issuance facility
committed facility
multicurrency note facility

Mentioned in these terms

Primary Dealer Credit Facility (PDCF)