facility

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Related to Bank Credit Facilities: revolving credit, Revolving credit facility, Revolving line of credit

facility

 [fah-sil´ĭ-te]
an agency or other site where an activity or process is carried out.
independent living f's congregate housing.
intermediate care facility (ICF) a health related facility designed to provide custodial care for individuals unable to care for themselves because of mental or physical infirmity; not considered by the government to be a medical facility, it can receive no reimbursement under Medicare, generally receiving the bulk of its financing under Medicaid. Federal regulations require that an ICF have a registered nurse as director of nursing and a licensed nurse on duty at least 8 hours a day; other staffing requirements vary from state to state.
skilled nursing facility (SNF) a type of nursing home recognized by the Medicare and Medicaid systems as meeting long term health care needs for individuals who have the potential to function independently after a limited period of care. A multidisciplinary team guides health care and rehabilitative services, including skilled nursing care.

facility

Vox populi A place where an activity occurs. See Approved health care facility, Correctional facility, Health care facility, Intermediate care facility, Plan skilled nursing facility, Residential facility, Screening facility, Skilled nursing facility, Treatment facility, Waste encapsulation storage facility.
References in periodicals archive ?
The bank credit facilities has been procured by the Board of Directors of China Environment Ltd.
The equity financing, the restructured commercial bank credit facilities, and the sale of the Nashville property as described above are co-dependent and are contingent upon definitive agreements as to each transaction being executed between the Company and the relevant parties.
Dahl, vice president and treasurer of Foothill Capital, stated, "Foothill Capital is pleased to announce the increases to our commercial paper program and bank credit facilities which will be used to fund the continued growth of our asset-based lending business.
noted that "this $20 million line, which represents a 150 percent increase in bank credit facilities available to First Cash, along with the decrease in interest rate on outstanding loans, provides further evidence of the company's financial strength, performance and stability.