facility

IPA: fʌsˈɪɫɪti

The fact of being easy, or easily done; absence of difficulty; simplicity.
Dexterity of speech or action; skill, talent.
The physical means or contrivances to make something (especially a public service) possible; the required equipment, infrastructure, location etc.
An institution specially designed for a specific purpose, such as incarceration, military use, or scientific experimentation.
(Canada, US, in the plural) A toilet.
(Scotland, law) A condition of mental weakness less than idiocy, but enough to make a person easily persuaded to do something against their better interest.
(dated) Affability.
(finance, banking) Clipping of credit facility. [(finance, banking) 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.]

Examples of "facility" in Sentences

Loans made under the term facility and the revolving facility will bear interest, at
Did you say that you expect to refile your term facility before the July 2012 expiration of the revolver?
Under the term facility, Amegy will make individual term loans for new Company store development over the next year.
Well, the best example I can think of that combines "secure underground bunker" and "happy place" is the title facility from
Its main facility is a state-of-the-art industrial plant just off the airport strip in Londonderry, N.H., where it handles milk from other farms.
We've also made significant progress on a term facility which when put in place will allow us to continue our core debt origination business in a way that will be accretive to NorthStar.
The largest maturity is $165 million related to the term facility underlying a group of properties being marketed for sale by the joint venture with various of Prudential Real Estate investments sponsored funds.
Loans made under the term facility and the revolving facility will generally bear interest at a rate based on LIBOR (which will, with respect to the term loan B facility, be subject to a floor of 1.50%) plus a margin.
On April 7, 2008, the Partnership entered into an interest rate swap agreement, which fixed the variable portion of the term facility's interest at 3. 29%, which when added to the 1% stamp fee, results in an annual interest rate of 4. 29%, excluding legal and associated costs, over the term of the facility.