Evergreen credit(redirected from evergreen facility)
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Revolving credit without maturity.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
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