Facility

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Revision as of 20:02, 9 April 2023 by imported>Doug Williamson (Add link.)
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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