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money-market line

A Dictionary of Business and Management | 2006 | Â© A Dictionary of Business and Management 2006, originally published by Oxford University Press 2006. (Hide copyright information) Copyright

money-market line An agreement between a bank and a company that entitles the company to borrow up to a certain limit each day in the money markets, on a short-term basis (often overnight or in some cases up to one month). See uncommitted facility.

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"money-market line." A Dictionary of Business and Management. 2006. Encyclopedia.com. 18 Dec. 2009 <http://www.encyclopedia.com>.

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