Either/or facility

An agreement permitting a bank customer to borrow either domestic dollars from the bank's head office or Eurodollars from one of its foreign branches. The New York Times Financial Glossary

Financial and business terms. 2012.

Look at other dictionaries:

  • either\/or facility — An agreement permitting a bank customer to borrow either domestic dollars from the bank s head office or Eurodollars from one of its foreign branches. Bloomberg Financial Dictionary …   Financial and business terms

  • facility — facility, faculty 1. Facility (from Latin facilis meaning ‘easy’) means ‘ease or ready ability to do something, aptitude’: • Firstborn children have greater verbal facility, and there is evidence that they have more successful relationships with… …   Modern English usage

  • Facility —   A location where electric energy is generated from energy sources.   ***   An existing or planned location or site at which prime movers, electric generators, and/or equipment for converting mechanical, chemical, and/or nuclear energy into… …   Energy terms

  • facility — An agreement between a bank and a company that grants the company a line of credit with the bank. This can either be a committed facility or an uncommitted facility …   Accounting dictionary

  • facility — An agreement between a bank and a company that grants the company a line of credit with the bank. This can either be a committed facility or an uncommitted facility …   Big dictionary of business and management

  • National Ignition Facility — NIF s basic layout. The laser pulse is generated in the room just right of center, and is sent into the beamlines (blue) on either side. After several passes through the beamlines the light is sent into the switchyard (red) where it is aimed into …   Wikipedia

  • Rocket engine test facility — A rocket engine test facility is a location where rocket engines may be tested on the ground, under controlled conditions. A ground test program is generally required before the engine is certified for flight. Ground testing is very inexpensive… …   Wikipedia

  • Transaction Processing Facility — Infobox OS name = z/TPF caption = developer = IBM source model = Closed source (Source code is available to licenced users with restrictions) kernel type = Real time supported platforms = ? ui = ? family = z/TPF released = latest release version …   Wikipedia

  • Correctional Industrial Facility — The Correctional Industrial Facility, otherwise known as the CIF, is an Indiana Department of Corrections prison located in Fall Creek Township, Madison County, near Pendleton.[1] It is a medium security prison housing roughly 1,398 male… …   Wikipedia

  • Incarceration facility (Israel) — An incarceration facility ( he. מתקן כליאה, Mitkan Kli a ) is the official name given by the Israel Defense Forces and the Israel Prison Service to one of several prisons in Israel used to hold Palestinian prisoners either under sentence or under …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.