Evergreen credit

(redirected from Evergreen Facilities)

Evergreen credit

Revolving credit without maturity.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Evergreen Credit

A revolving line-of-credit without a maturity date. As with other revolving lines-of-credit, the borrower may take and repay funds as needed up to a certain limit. See also: Evergreen loan.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
Full browser ?