Bank line: Difference between revisions

From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson
(Create page: Source The Group Treasurer: an ACT Guide to the first 100 days, page 40.)
 
imported>Doug Williamson
(Expand defiinition.)
 
Line 4: Line 4:


Also known as a facility.
Also known as a facility.
The bank line may be provided by an individual bank, or a syndicate.




Line 10: Line 13:
* [[Credit]]
* [[Credit]]
* [[Line]]
* [[Line]]
* [[Syndicate]]


[[Category:The_business_context]]
[[Category:The_business_context]]
[[Category:Long_term_funding]]
[[Category:Long_term_funding]]

Latest revision as of 16:00, 14 October 2020

Credit.

An arrangement between a lender and a borrower, under which an advance of money may be made, or any other arrangement under which credit may be made available.

Also known as a facility.


The bank line may be provided by an individual bank, or a syndicate.


See also