Credit facility
Term · Law · MLC-T-LAW-001391
A type of loan made by a financial institution to a company or government, allowing the borrower to draw funds up to a certain limit over a specified period. It provides flexibility for working capital needs or other financing requirements. Common forms include revolving credit lines and term loans.
| Identifier | MLC-T-LAW-001391 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-001391",
"term": "Credit facility",
"field": "Law",
"definition": "A type of loan made by a financial institution to a company or government, allowing the borrower to draw funds up to a certain limit over a specified period. It provides flexibility for working capital needs or other financing requirements. Common forms include revolving credit lines and term loans.",
"url": "https://mlchart.com/terminology/law/credit-facility/"
}
Record 1,247 of 5,441 in Law terminology (MLC-0107). Request the full dataset.