credit facility

Questions

What does credit facility mean?

A financial agreement under which a creditor agrees to make an amount of credit available to a borrower, which may be borrowed on demand (a line of credit) or once certain conditions have been met.

Where does credit facility come from?

From credit + facility.

How to pronounce credit facility

1. Open the pronunciation page — Open the Speakur entry for “credit facility”.
2. Read the phonetic spelling — Read the IPA spelling () so you know which sounds to aim for.
3. Play the audio — Click Play to hear reference audio for “credit facility”.
4. Repeat and practice — Say “credit facility” aloud, matching stress and vowels until it feels natural.