Die Kreditfazilität
Example: Die Bank hat der Firma eine neue Kreditfazilität eingeräumt.
Definition
"Kreditfazilität" refers to a financial arrangement provided by a bank or lender that allows a borrower to access credit up to a certain limit. It is a flexible borrowing option often used by companies to manage short-term financial needs or liquidity.
Etymology
The word "Kreditfazilität" comes from the German language, combining "Kredit," derived from Latin 'creditum' meaning 'loan' or 'trust,' and "Fazilität," which is borrowed from the French 'facilité,' meaning 'facility' or 'ease.' This reflects its meaning as an easy or convenient credit provision.
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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