Bank Facility

Business, Legal & Accounting Glossary

Definition: Bank Facility


Bank Facility

Quick Summary of Bank Facility


An arrangement with a bank to borrow money as required up to an agreed limit.




What is the dictionary definition of Bank Facility?

Dictionary Definition


An arrangement with a bank allowing a company or organisation to borrow money up to a certain amount.


Synonyms For Bank Facility


bank credit


Cite Term


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Page URL
https://payrollheaven.com/define/bank-facility/
Modern Language Association (MLA):
Bank Facility. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
March 28, 2024 https://payrollheaven.com/define/bank-facility/.
Chicago Manual of Style (CMS):
Bank Facility. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/bank-facility/ (accessed: March 28, 2024).
American Psychological Association (APA):
Bank Facility. PayrollHeaven.com. Retrieved March 28, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/bank-facility/

Definition Sources


Definitions for Bank Facility are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 6th January, 2020 | 0 Views.