English version

note issuance facility in Banking topic

From Longman Business Dictionarynote issuance facilityˈnote ˌissuance faˌcility abbreviation NIF FINANCEBANKINGan arrangement that allows a company to borrow money a number of times over a period of time without going through the usual formal arrangements each timeA note issuance facility is a medium-term commitment between a borrowing corporate and a bank. facility