Die Kreditfazilität
Example: Die Bank hat eine neue Kreditfazilität für kleine Unternehmen eröffnet.
Definition
A "Kreditfazilität" is a financial arrangement provided by a bank or lender that allows a borrower to access a specified amount of credit under agreed conditions, often used by businesses to manage cash flow or fund operations.
Etymology
The word "Kreditfazilität" comes from the German language, combining "Kredit" meaning 'credit' or 'loan' from Latin 'creditum', and "Fazilität," borrowed from the French word 'facilité,' meaning 'facility' or 'ease.' The term reflects the concept of an easy or facilitated credit arrangement.
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"Die Kreditfazilität" appears in the Vocaplus list "German - Finance - (A1-C2) - set 1", containing 150 commonly used words.
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credit facility