Accordion Feature

Business, Legal & Accounting Glossary

Definition: Accordion Feature


Accordion Feature


Full Definition of Accordion Feature


A corporate option which grants a firm the ability to increase its credit line or other liabilities with a lending financial institution, usually purchased by companies anticipating high growth scenarios requiring more working capital.


Cite Term


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Page URL
https://payrollheaven.com/define/accordion-feature/
Modern Language Association (MLA):
Accordion Feature. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
December 04, 2021 https://payrollheaven.com/define/accordion-feature/.
Chicago Manual of Style (CMS):
Accordion Feature. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/accordion-feature/ (accessed: December 04, 2021).
American Psychological Association (APA):
Accordion Feature. PayrollHeaven.com. Retrieved December 04, 2021
, from PayrollHeaven.com website: https://payrollheaven.com/define/accordion-feature/

Definition Sources


Definitions for Accordion Feature 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: 20th November, 2021 | 0 Views.