Tag: facility
Oil Pollution Act Of 1990
Definition
The Oil Pollution Act of 1990 was passed by the 101st United States Congress and signed by President George H. W. Bush. It works...
Accelerated Reply Mail (ARM)
What is 'Accelerated Reply Mail - ARM' An expedited delivery of business reply mail offered by the U.S. Postal Service. Reply mail...
Paper Dealer
What is 'Paper Dealer' A market maker that buys and sells extremely short-term corporate bonds called commercial paper. A paper dealer is...
Passbook Loan
What is 'Passbook Loan' A personal loan extended to a savings-account holder by the custodial bank. Passbook loans use the balance of...
Facility Operations
DefinitionFacility management is a professional management discipline focused upon the efficient and effective delivery of support services for the organizations that it serves. The...
Warehouse Bond
A warehouse bond is a type of surety bond that guarantees payment for goods that are stored in a bonded warehouse. The bond is...
Warehouse-To-Warehouse Clause
Warehouse-To-Warehouse Clause What is 'Warehouse-To-Warehouse Clause ' A clause in an insurance policy that provides for coverage of cargo in transit....
Warehouse Lending
What is 'Warehouse Lending'
Warehouse lending is a line of credit given to a loan originator to pay for a mortgage the borrower used to...
Warehouse Financing
What is warehouse financing and what are the benefits
Warehouse financing is a type of short-term loan that is often used by businesses in the...
Uncommitted Facility
What is 'Uncommitted Facility' An uncommitted facility is an agreement between a lender and a borrower where the lender agrees to make...