Meaning EITHER/OR FACILITY: An agreement permitting a bank customer to borrow either domestic dollars from the bank's head office or Eurodollars from one of its foreign branches
More terms such as Either/or facility in Dictionary E.
- Definition Evergreen Credit:
- Examples Revolving credit without maturity either/or facility definition.
- Definition Euro-Note:
- Examples Short- to medium-term debt instrument sold in the Eurocurrency market either/or facility explain.
- Definition Ethics:
- Examples Standards of conduct or moral judgment either/or facility what is.
- Definition Ex-Legal:
- Examples A municipal bond offered without a law firm's legal opinion. As the majority of bonds are issued with legal opinions either/or facility meaning.
- Definition European Union (EU):
- Examples association of European countries founded by the Treaty of Rome in 1957 as a common market for six nations. It was known as the European Community until January 1, 1994 and currently comprises 15 either/or facility abbreviation.
