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

The facility is closely guarded and is built to withstand a category 5 hurricane. Joe Pappalardo, Popular Mechanics, "America's New Energy Coast," 19 Mar. 2019 The nearest facility that did, a Border Patrol station in Lordsburg, New Mexico, is 90 miles away. Dara Lind, Vox, "The death of 7-year-old Jakelin Caal Maquin in Border Patrol custody isn’t an isolated outrage," 18 Dec. 2018 Built for about $33 million and equipped for another $20 million, the facility is not a hospital or trauma center, but an ambulatory surgical center with 17 medical specialties and imaging and diagnostic services. Ron Hurtibise, Sun-Sentinel.com, "Cleveland Clinic readies new $53 million Coral Springs Family Health Center," 13 July 2018 The first of 14 practices open to the public takes place on July 26 at the Dolphins training facility at Nova Southeastern University. Jordan Mcpherson, miamiherald, "What would Miami Dolphins-themed soccer kits look like? Here’s a look," 13 July 2018 The Best Picture Oscar-winner of 2018, Guillermo Del Toro’s masterpiece is a sort of fairytale for grown-ups, about a mute woman named Eliza who works at a government facility in the 1960s. Marie Claire, "The 17 Best Movies on HBO Go to Watch Right Now," 28 Feb. 2019 But most inpatient rehab facilities in the U.S. don’t offer this option. Thomas M. Burton, WSJ, "FDA Plans Multifaceted Response to Opioid-Abuse Epidemic," 26 Feb. 2019 Most manufacturers of prefab homes set up building facilities in areas where materials and labor are cheaper, which lowers costs for the buyer. Maggie Burch, House Beautiful, "The Impressive Evolution Of Prefabricated Houses," 24 Dec. 2018 The next step is to find out whether there's a market for such a facility in Maine, a state with a small tech sector but no shortage of open sky to send satellites into. Eric Berger, Ars Technica, "Rocket Report: Rokot ending, more spaceports, back-to-back Falcon Heavies," 21 Dec. 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.

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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

23 Mar 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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