something designed, built, installed, etc., to serve a specific function affording a convenience or service: transportation facilities; educational facilities; a new research facility.
b.
something that permits the easier performance of an action, course of conduct, etc.: to provide someone with every facility for accomplishing a task; to lack facilities for handling bulk mail.
2.
readiness or ease due to skill, aptitude, or practice; dexterity: to compose with great facility.
3.
ready compliance: Her facility in organizing and directing made her an excellent supervisor.
4.
an easy-flowing manner: facility of style.
5.
the quality of being easily or conveniently done or performed.
6.
Often, facilities.Informal. a rest room, esp. one for use by the public, as in a theater or restaurant.
7.
freedom from difficulty, controversy, misunderstanding, etc.: facility of understanding.
[Origin: 1375–1425; late ME facilite (< MF) < L facilitās.See facile, -ity]
c.1425, from M.Fr. facilité, from L. facilitatem, from facilis "easy" (see facile). Its sense in Eng. moved from "genteelness" to "opportunity" (1519), to "aptitude, ease" (1532). Meaning "place for doing something," which makes the word so beloved of journalists and fuzzy writers, first recorded 1872.
a building or place that provides a particular service or is used for a particular industry; "the assembly plant is an enormous facility"
2.
skillful performance or ability without difficulty; "his quick adeptness was a product of good design"; "he was famous for his facility as an archer" [syn: adeptness]
3.
a natural effortlessness; "they conversed with great facility"; "a happy readiness of conversation"--Jane Austen
4.
something designed and created to serve a particular function and to afford a particular convenience or service; "catering facilities"; "toilet facilities"; "educational facilities"
5.
a service that an organization or a piece of equipment offers you; "a cell phone with internet facility"
Merriam-Webster's Medical Dictionary - Cite This Source - Share This Main Entry: fa·cil·i·ty Pronunciation: f&-'sil-&t-E Function: noun Inflected Form: plural-ties 1: the quality of being easily performed 2: ease in performance :APTITUDE 3: something (as a hospital) that is built, installed, or established to serve a particular purpose
A term used to describe financial assistance programs offered by lending institutions to help companies requiring capital
Investopedia Commentary
These financial assistance programs are merely another name for loans taken by companies. Examples of such facilities include swingline loans and lines of credits. Oftentimes you will hear of companies obtaining different credit facilities, as they can vary between committed or uncommitted.
Dif"fi*cul*ty\, n.; pl. Difficulties. [L. difficultas, fr. difficilis difficult; dif- = dis- + facilis easy: cf. F. difficult['e]. See Facile.]1. The state of being difficult, or hard to do; hardness; arduousness; -- opposed to easiness or facility; as, the difficulty of a task or enterprise; a work of difficulty. Not being able to promote them [the interests of life] on account of the difficulty of the region. --James Byrne. 2. Something difficult; a thing hard to do or to understand; that which occasions labor or perplexity, and requires skill and perseverance to overcome, solve, or achieve; a hard enterprise; an obstacle; an impediment; as, the difficulties of a science; difficulties in theology. They lie under some difficulties by reason of the emperor's displeasure. --Addison. 3. A controversy; a falling out; a disagreement; an objection; a cavil. Measures for terminating all local difficulties. --Bancroft. 4. Embarrassment of affairs, especially financial affairs; -- usually in the plural; as, to be in difficulties. In days of difficulty and pressure. --Tennyson. Syn: Impediment; obstacle; obstruction; embarrassment; perplexity; exigency; distress; trouble; trial; objection; cavil. See Impediment.
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