facility

(redirected from Bank Credit Facility)
Also found in: Dictionary, Thesaurus, Legal, Financial, Acronyms, Encyclopedia.
Related to Bank Credit Facility: revolving credit, Revolving line of credit, Revolving credit facility

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 Company intends to use the increased availability under the bank credit facility to redeem the Company's 8.
today announced that its regulated utility subsidiary, Tampa Electric Company, has, effective today, replaced its expiring 364-day $125 million bank credit facility with a new $150 million three-year bank credit facility.
5 million outstanding Term A loans under its bank credit facility and all but $25 million of the $280.
30, 2006, approximately 13% of the company's assets were unencumbered; however, unsecured borrowing at that time was limited to only the amount drawn on the company's unsecured bank credit facility.