credit facility
credit facility noun: 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.
Noun
credit facility (plural credit facilities)
- 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.
Forms of credit facility
| plural | credit facilities |
|---|
Origin of credit facility
From credit + facility.
Questions about credit facility
- What does credit facility mean?
- Credit facility means 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.
- What part of speech is credit facility?
- Credit facility is a noun.
- What is the plural of credit facility?
- The plural of credit facility is credit facilities.
Words near credit facility in the dictionary
Source and license
Adapted from Wiktionary: credit facility (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.
Last updated:
Cite this entry: “credit facility.” Word.ws, https://word.ws/credit_facility. Based on Wiktionary, CC BY-SA 4.0.
