evergreen facility


Also found in: Financial.
Translations

evergreen facility

n (Fin) → Revolvingkredit m
Collins German Dictionary – Complete and Unabridged 7th Edition 2005. © William Collins Sons & Co. Ltd. 1980 © HarperCollins Publishers 1991, 1997, 1999, 2004, 2005, 2007
References in periodicals archive ?
The evergreen facility allows najahi customers to keep repaying and replenishing the loan, thereby ensuring assured cash flow As with other najahi credit facilities, customers are not required to provide any collateral guarantee for PoS financing.
Its spacious kitchen/living area, surrounded by resident rooms and fronted by a patio/picnic area, reminded me of the Evergreen facility in Oshkosh, Wisconsin, considered to be one of the more advanced facilities in the United States.
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