facility
B1CEFR level
30/100Rarity: fairly common
TechnicalRegister
A formal arrangement under which a bank makes credit available to a borrower up to an agreed limit.
The company drew half of its revolving facility to cover the seasonal dip in receipts.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
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