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

TUFF Start is opening up a facility in Margate within the next month for sports performance and after-school enrichment for children in the program. David Furones, Sun-Sentinel.com, "Calvin Ridley holds charity bowling event to raise funds for program that helped him in his youth," 13 July 2018 The Presbyterian Home needed to sell the land to support its mission in building a new nursing home facility in Harford County, said Joe Slovick III, who as chairman of Presbyterian Home’s board currently controls the property. Libby Solomon, baltimoresun.com, "Widespread support, a couple passionate detractors at Bosley Estates public meeting," 12 July 2018 However, JetBlue was forced to abandon that plan after the Long Beach City Council voted against a Customs facility for international flights. Ben Mutzabaugh, USA TODAY, "JetBlue: Mexico City non-stops now on sale from NYC, Boston," 12 July 2018 The next day in Williamson County, Texas, north of Austin, commissioners voted to end a contract for a facility that houses immigrant women. Andrea Castillo, latimes.com, "Contra Costa County cuts ties with ICE, ending contract for jailing immigrant detainees," 12 July 2018 But the president's optimistic outlook about North Korea's willingness to denuclearize and steps in that direction have been brought into question, after an NBC report claiming North Korea has been expanding a nuclear facility. Kathryn Watson, CBS News, "Sen. Warner asks intelligence chief if Trump's North Korea claims are true," 11 July 2018 The state Department of Public Health is investigating complaints against the Newfield Rest Home, a residential care facility on Newfield Street with 14 residents. Shawn R. Beals, Courant Community, "State Investigating Complaint At Middletown Residential Care Facility," 10 July 2018 Three women who worked at a senior living facility in Georgia were charged on Friday over their alleged role in a Snapchat video that involved a dying 76-year-old stroke patient. Alexandria Hein, Fox News, "3 charged over alleged Snapchat video of dying stroke patient titled 'The End'," 10 July 2018 City staff members noted in the agenda that no vacant buildings or lot could be recommended for a storage facility in District Four. Gary Warth, sandiegouniontribune.com, "Chargers headquarters, closed library eyed as possible sites for homeless property storage," 10 July 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

5 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 generally accepted meaning of a word

Get Word of the Day daily email!

Test Your Vocabulary

Great Scrabble Words—A Quiz

  • scrabble-tiles-that-read-scrabble-quiz
  • Which of the following Q-without-U words means the number five in cards or dice?
Spell It

Can you spell these 10 commonly misspelled words?

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!