Facility: Difference between revisions

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imported>Doug Williamson
(Add definition. Source: Linked pages)
imported>Doug Williamson
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1.
1. ''Lending and borrowing.''


An arrangement between a lender and a borrower, under which an [[advance]] of money may be made.
An arrangement between a lender and a borrower, under which an [[advance]] of money may be made.




2.
2. ''Credit.''


Other arrangements under which [[credit]] may be made available.
Other arrangements under which credit may be made available.




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3.
3. ''Markets - venues - service provision.''


Any place, arrangement or equipment provided to enable an activity.
Any place, arrangement or equipment provided to enable an activity.

Revision as of 08:44, 7 July 2022

1. Lending and borrowing.

An arrangement between a lender and a borrower, under which an advance of money may be made.


2. Credit.

Other arrangements under which credit may be made available.


Also known as a line.


3. Markets - venues - service provision.

Any place, arrangement or equipment provided to enable an activity.

For example, a Multilateral trading facility.


See also