Setup Menus in Admin Panel

Sharing the Knowledge!™

Finance Knowledge and Information

What does ancillary facility mean?

SEARCHING
Suggestion/Report Error
ancillary facility
Noun


A separate facility in a structured financing that provides additional financing or hedging, including an overdraft facility, a guarantee, bonding, documentary or stand-by letter of credit facility, a short-term loan facility, a derivatives facility or a foreign exchange facility.

top
© 2015-2024 Pecunica LLC.  All rights reserved.
;