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

In the fall, a public UPS store and a cafe will open at the facility as well. Brooke Lamantia, ExpressNews.com, "Alamo Colleges staff settles into new $55 million headquarters," 10 July 2019 In Rochelle , Economic Development Director Jason Anderson said the biggest concern for the city with the closure of the Union Pacific site is providing an alternative to businesses who rely on the facility to transport cargo. Abdel Jimenez, chicagotribune.com, "Union Pacific closing two facilities, laying off workers in Illinois," 10 July 2019 The facility handles about 640,000 tons of trash a year and has been breaking down with increasing frequency in recent years. Gregory B. Hladky, courant.com, "Initial agreement on redeveloping Hartford trash plant reached after years of deadlock," 10 July 2019 Federal regulators rejected the project’s license in 2016, saying the former owners had not demonstrated sufficient public need for the facility to overcome the impact of landowners affected by the pipeline. oregonlive.com, "Oregon offers extensive critique of fed’s environmental analysis of Jordan Cove LNG in Coos Bay," 9 July 2019 White is fond of shows at his Third Man venues: The Raconteurs returned from a lengthy hiatus with April performances at the Nashville complex, and White played the Detroit facility ahead of his Little Caesars Arena concert last year. Brian Mccollum, Detroit Free Press, "Jack White, Brendan Benson to play acoustic set at Third Man as Raconteurs head to Detroit," 8 July 2019 Alex Gorin and Diana Partida are rushing the patient to the facility’s only CT scanner in the hope of identifying the source of a mysterious bacterial infection. NBC News, "At remote Amazon jungle hospital, U.S. med students learn vital lessons," 8 July 2019 Structural adjustment The structural adjustment facilities were used to steer Ghana toward becoming a market friendly nation where incentives were created by the free market. Priscilla Twumasi-baffour, Quartz Africa, "Many Ghanaians think their country should divorce the IMF—that isn’t likely to happen," 8 July 2019 According to Bloomberg, workers across two shifts will leave the warehouse and protest outside the facility; they’ll also be joined by some engineers from the Amazon Employees For Climate Justice group who plan to fly in to support the strike. Jacob Kastrenakes, The Verge, "Amazon factory workers plan Prime Day strike in Minnesota," 8 July 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

13 Jul 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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