De kredietfaciliteit
Example: De kredietfaciliteit helpt bedrijven bij het verkrijgen van extra financiering.
Definition
"De kredietfaciliteit" refers to a financial arrangement provided by a bank or lender that allows a company or individual to borrow money up to a specified limit, often used to support business operations or investments by providing flexible access to extra funding when needed.
Etymology
The term "de kredietfaciliteit" originates from Dutch, combining "krediet," meaning credit or loan, and "faciliteit," derived from the Latin 'facilitas,' meaning ease or convenience. Together, they describe an arrangement that facilitates easy access to credit. Did you know? The word "credit" itself stems from the Latin 'credere,' meaning 'to believe,' highlighting the trust involved in lending.
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"De kredietfaciliteit" appears in the Vocaplus list "Dutch - Finance - (A1-C2) - set 1", containing 150 commonly used words.
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the credit facility