Define: Bank Facility

UK Accounting Glossary

Definition: 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

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
Modern Language Association (MLA):
Bank Facility. Payroll & Accounting Heaven Ltd. February 24, 2020
Chicago Manual of Style (CMS):
Bank Facility. Payroll & Accounting Heaven Ltd. (accessed: February 24, 2020).
American Psychological Association (APA):
Bank Facility. Retrieved February 24, 2020, from website:

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: 23rd December 2018.