💡 Words with a Similar Meaning to "Credit facility"
Found via reverse dictionary — words that share a conceptual meaning.
| Word | Definition |
|---|---|
| line of creditnoun | (finance, banking) A credit facility under which a bank or other lender agrees to provide a client with loans of money up to an approved limit during a predefined period. The client may borrow the entire credit amount all at once or in portions during the specified period. |
| credit linenoun | (finance, banking) Synonym of line of credit. |
| credit limitnoun | (finance, banking) The maximum amount of credit that a financial institution or other lender will extend to a debtor for a particular line of credit. |
| creditnoun | Reliance on the truth of something said or done; faith; trust. |
| credit moneynoun | (banking, finance) Monetary value which is created as a result of a future obligation or claim by the issuer of the credit. |
| credit ratingnoun | (finance) An estimate, based on a company, government or person's history of borrowing and repayment or available financial resources, that is used by creditors to determine the maximum amount of credit that can be extended without undue risk. |
| paper creditnoun | (finance) Credit extended to a person because they show by bills, promissory notes, etc. that money is owed to them. |
| credit balancenoun | (banking, finance) The amount of money in an account held by a financial institution. |
| letter of creditnoun | (finance, banking) A document, used primarily in trade finance and issued generally by a financial institution, in which the institution promises to pay debts up to a certain limit to be acquired by the beneficiary against delivery of documents specified in the letter. |
| charge accountnoun | (US) A type of credit facility provided by a bank or store, to which goods and services purchased can be charged, allowing the customer to defer payment until a later date. |
| credit historynoun | (finance) A record of a borrower's responsible repayment of debts. |
| consumer creditnoun | (banking, economics) Credit extended to an individual for the purchase of consumer goods and services. |
| financenoun | The management of money and other assets. |
| credit risknoun | (finance) The risk of loss due to a debtor's nonpayment or delayed payment of a financial obligation, such as an account payable, a loan or other line of credit. |
| financingnoun | (finance, business) A transaction that provides funds for a business. |
| financial institutionnoun | (business, banking, finance) An institution, such as a bank, insurance company or fund, that provides financial services for its clients or members. |
| credit reportnoun | (finance) A document of the history and current status of a borrower's credit standing, which may include identifying information, credit information, public records information, recent inquiries and credit score. |
| secured loannoun | (finance, business) A loan in which the borrower pledges some asset as collateral for the loan, which then becomes a secured debt owed to the creditor who issues the loan. |
| credit institutionnoun | the enterprise whose primary activity is banking and credit provision |
| financial agreementnoun | (finance, law) A contractual agreement relating to finance. |
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