facility

noun
fa·​cil·​i·​ty | \ fə-ˈsi-lə-tē How to pronounce facility (audio) \
plural facilities

Definition of facility

1 : the quality of being easily performed
2 : ease in performance : aptitude has a great facility for writing
3 : readiness of compliance
4a(1) : something that makes an action, operation, or course of conduct easier usually used in plural facilities for studyThe resort has a wide range of facilities for young and old alike.
(2) : lavatory sense 2 often used in plural
b : something (such as a hospital) that is built, installed, or established to serve a particular purpose

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Examples of facility in a Sentence

The facilities are at the end of the corridor. He had a great facility for writing. He had great facility with words. She handled the crisis with facility.
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Recent Examples on the Web

Schools are one of the public spaces that have become central to the question of transgender facility access. Lucy Diavolo, Teen Vogue, "Iowa Students Demonstrated for and Against a Trans Classmate's Right to Bathroom Access," 15 Apr. 2019 That could put a damper on plans for new export facilities, and leave an incoming fleet of new tankers looking for work. Paul Page, WSJ, "Today’s Logistics Report: Sold on Tankers; Amazon’s Third-Party Gains; Robots Getting Stuck," 12 Apr. 2019 The report does not mention how, if at all, Shoigu plans to complete it without proper drydock facilities. Kyle Mizokami, Popular Mechanics, "Russia’s Beleaguered Aircraft Carrier Could Be Scrapped If New Repair Yard Can’t Be Found," 9 Apr. 2019 Kirstjen Nielsen finishes up a two-day tour of the border to inspect the conditions at processing and detention facilities for migrants in both El Paso, Texas and Yuma, Arizona. Amanda Sakuma, Vox, "Trump is using the deaths of two migrant children to push for his border wall," 29 Dec. 2018 Pulp mills, sawmills and other production facilities were damaged in 11 of the top timber-producing counties in state, Putnam said. Fox News, "Missing Florida woman's body recovered amid rubble," 19 Oct. 2018 To show that those kind of low latencies were possible, AT&T’s Foundry program helped build out a small 5G demonstration facility inside Ericsson’s Silicon Valley headquarters. Mark Hachman, PCWorld, "5G could be the foundation of next-gen 'cloud VR'," 27 Mar. 2019 Area 9 would be built where the landfill’s current offices and maintenance facilities are located. David Gutman, The Seattle Times, "King County’s landfill has been almost full for two decades. What happens next?," 26 Mar. 2019 The vague language in the second provision could force clinics to not only have separate entrances and financial logs but separate facilities altogether. Lauren Rankin, Teen Vogue, "Trump's Title X Rules Could Lead to More Harassment at Abortion Clinics," 12 Mar. 2019

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'facility.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of facility

1531, in the meaning defined at sense 1

History and Etymology for facility

Middle English facilite "gentleness," borrowed from Middle French & Latin; Middle French facilité "quality of being easily performed," borrowed from Latin facilitāt-, facilitās, from facilis "easy, facile" + -itāt-, -itās -ity

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Learn More about facility

Statistics for facility

Last Updated

20 Apr 2019

Look-up Popularity

Time Traveler for facility

The first known use of facility was in 1531

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More Definitions for facility

facility

noun

Financial Definition of facility

What It Is

A facility is essentially a bank loan agreement that a company can use on and off for short-term borrowing purposes.

How It Works

For example, let’s assume Company XYZ is a jewelry manufacturer. The company is typically flush with cash in July when retailers place their orders for the upcoming Christmas season. The company is typically tight on cash in December, when orders are lower and it is buying supplies to manufacture the coming year’s designs.

This ebb and flow of cash can ruin a company if it doesn’t have access to a facility. If Company XYZ gets, say, a $2 million facility from the bank, it can borrow up to $2 million (and not necessarily all at the same time) to “get by” in December and then repay that cash six months later in July when it is flush with cash again.

Bank facilities can be overdraft facilities, which provide short-term loans to companies only when their cash accounts actually run dry, or credit facilities, which provide short-term loans to companies when they need supplemental cash for various purposes. Banks might also provide letter of credit facilities or even term loan facilities.

Facilities typically are for limited amounts and don’t require collateral. Often, they come about as part of an equity offering or other financial event that a company may undertake. The terms vary widely, but in most cases, the bank requires repayments monthly or quarterly, in addition to interest, though often companies can “term out” a facility, meaning they can negotiate a longer repayment period with the lender for some larger balances.

Why It Matters

The purpose of most bank facilities is to ensure that a company has access to cash at all times, and they can be particularly important for companies with seasonal sales cycles or other situations in which cash balances are particularly low at times. This prevents the company from having to lay off workers, reduce growth or shut the doors when cash is temporarily low.

Source: Investing Answers

facility

noun

English Language Learners Definition of facility

: something (such as a building or large piece of equipment) that is built for a specific purpose
: something that makes an action, operation, or activity easier
: skill and ease in doing something

facility

noun
fa·​cil·​i·​ty | \ fə-ˈsi-lə-tē How to pronounce facility (audio) \
plural facilities

Kids Definition of facility

1 : something built for a particular purpose a sports facility
2 : something that makes an action, operation, or activity easier Our hotel room had cooking facilities.
3 : ease in doing something She handled the job with facility.

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facility

noun
fa·​cil·​i·​ty | \ fə-ˈsil-ət-ē How to pronounce facility (audio) \
plural facilities

Medical Definition of facility

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

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More from Merriam-Webster on facility

Rhyming Dictionary: Words that rhyme with facility

Thesaurus: All synonyms and antonyms for facility

Spanish Central: Translation of facility

Nglish: Translation of facility for Spanish Speakers

Britannica English: Translation of facility for Arabic Speakers

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