Meaning of credit facility | Babel Free
Definitions
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.
CEFR level
B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
This word is part of the CEFR B2 vocabulary — upper intermediate level.