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 pluralfacilities 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 Since that time, the nonprofit’s portfolio has grown to nine hospitals, including a heart hospital and two rehabilitation facilities, and numerous clinics. Shari Rudavsky, Indianapolis Star, "What you need to know about the fraud allegations against Community Health," 8 Jan. 2020 Inmates at the prison contend that gangs have a lot of the power and control at the facility. Zachary Halaschak, Washington Examiner, "'We have it under control as best we can': Inmates claim that gangs run Mississippi prison," 7 Jan. 2020 Jonathan Hoffman, the chief Pentagon spokesman, said the targets included weapons storage facilities and command posts used to attack American and partner forces. New York Times, "As Tensions With Iran Escalated, Trump Opted for Most Extreme Measure," 4 Jan. 2020 Faith had told a human services worker that same day that no children were at the facility, even though a mother reported leaving her child there, according to an arrest warrant affidavit obtained by The Gazette. BostonGlobe.com, "Daycare owner arrested after kids found behind false wall - The Boston Globe," 27 Dec. 2019 Teddy Bear the Cocker Spaniel is a frequent guest at the facility in Tomball. Melanie Feuk, Houston Chronicle, "Pet therapy volunteers spread comfort and joy in northwest Houston," 26 Dec. 2019 The expansion will construct energy cogeneration units, which the company says will reduce emissions by more than 60 percent at the facility. William Thornton | Wthornton@al.com, al, "Ascend plans $175 million expansion in Decatur," 23 Dec. 2019 In its announcement, the CDC referred to a February inspection at an Almark plant by the Food and Drug Administration, which found the outbreak strain in two places at the facility. Kate Gibson, CBS News, "CDC ties deadly listeria outbreak to hard-boiled eggs from Almark Foods," 20 Dec. 2019 The eggs — which were peeled, hard-boiled, and packaged in plastic pails of various sizes at the facility — may have been sold to food service operators and restaurants to make ready-to-eat dishes such as egg salad and deviled eggs. Gabrielle Chung, PEOPLE.com, "Packaged Hard-Boiled Eggs Linked to Deadly Listeria Outbreak Across 5 States, CDC Warns," 19 Dec. 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

Time Traveler for facility

Time Traveler

The first known use of facility was in 1531

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Statistics for facility

Last Updated

12 Jan 2020

Cite this Entry

“Facility.” The Merriam-Webster.com Dictionary, Merriam-Webster Inc., https://www.merriam-webster.com/dictionary/facility. Accessed 22 January 2020.

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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
How to pronounce facility (audio)

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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Comments on facility

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