Ratio covenant and Revolving borrowing facility: Difference between pages
From ACT Wiki
(Difference between pages)
imported>Doug Williamson (Simplify to remove reference to "balance", and categorise page further.) |
imported>Doug Williamson (Add link.) |
||
| Line 1: | Line 1: | ||
Any facility which permits the borrower to draw down and repay amounts at the borrower's discretion for a specified period of time. | |||
The flexibility for the borrower is subject to the terms of the facility. | |||
Examples of revolving borrowing facilities include overdrafts and revolving credit facilities. | |||
== See also == | == See also == | ||
* [[ | * [[Facility]] | ||
* [[Overdraft]] | |||
* [[Revolving credit facility]] | |||
[[Category: | [[Category:Long_term_funding]] | ||
[[Category: | [[Category:Cash_management]] | ||
[[Category: | [[Category:Financial_products_and_markets]] | ||
[[Category:Liquidity_management]] | |||
Latest revision as of 12:52, 6 July 2022
Any facility which permits the borrower to draw down and repay amounts at the borrower's discretion for a specified period of time.
The flexibility for the borrower is subject to the terms of the facility.
Examples of revolving borrowing facilities include overdrafts and revolving credit facilities.
