facility

noun
fa·cil·i·ty | \fə-ˈsi-lə-tē \
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

Keep scrolling for more

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.
See More

Recent Examples on the Web

In addition to WhirlyBall, there will be an elevated bowling in the facility with 12 lanes. Karen Pilarski, Milwaukee Journal Sentinel, "Wisconsin's first WhirlyBall entertainment center, restaurant could be coming soon to Brookfield Square," 11 July 2018 Joyce Ward, a member of the congregation's Outreach Board, said fellow members grew concerned about the children and the families ongoing detention in federal or makeshift facilities. Dennis Hohenberger, Courant Community, "First Church Holds Vigil In Response To Immigration Policy," 10 July 2018 The outage created sweltering conditions that resulted in the facility being evacuated Sept. 13. Jim Saunders, Sun-Sentinel.com, "Court halts death records release to nursing home," 10 July 2018 HeartBound plans to use the money to increase presence in other facilities and expand the program to states other than Georgia. Lauren Ready And Danielle Barker, USA TODAY, "Little Readers wins grant to connect more incarcerated parents to their kids," 9 July 2018 The US Navy’s interest in this facility is in cataloging the positions of objects very precisely. Scott K. Johnson, Ars Technica, "Building the world’s highest-resolution telescope," 9 July 2018 While controversial images of young children being detained in holding facilities have seared the American political consciousness in recent weeks, some Cincinnatians are finding ways to provide support for undocumented immigrants. Justin Reutter, Cincinnati.com, "Local immigrant resources rise as immigration rhetoric heats up," 5 July 2018 The ruling comes as the Trump administration seeks judicial permission in a separate case to detain children alongside their parents in ICE family facilities pending immigration proceedings. Jacob Gershman, WSJ, "Federal Judge Rules Against Mass Detention of Asylum Seekers," 2 July 2018 The poll also found that 46% think the state is paying more for the Foxconn plant than it’s worth, while 40% think taxpayers’ investment in the facility will pay off, and that 50% disapprove of Trump’s performance as president while 44% approve. Eamon Barrett, Fortune, "Trump's trade war comes to Wisconsin," 30 June 2018

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.

See More

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

Keep scrolling for more

Learn More about facility

Statistics for facility

Last Updated

19 Oct 2018

Look-up Popularity

Time Traveler for facility

The first known use of facility was in 1531

See more words from the same year

Keep scrolling for more

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 \
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.

Keep scrolling for more

facility

noun
fa·cil·i·ty | \fə-ˈsil-ət-ē \
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

Keep scrolling for more

Comments on facility

What made you want to look up facility? Please tell us where you read or heard it (including the quote, if possible).

WORD OF THE DAY

a state of commotion or excitement

Get Word of the Day daily email!

Test Your Vocabulary

Words from Greek and Roman Mythology Quiz

  • the-triumph-of-venus-by-alessandro-magnasco
  • Boreal comes from the name of the ancient Greek god of which wind?
Name That Thing

Test your visual vocabulary with our 10-question challenge!

TAKE THE QUIZ
Dictionary Devil

Test Your Knowledge - and learn some interesting things along the way.

TAKE THE QUIZ

Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!