Standby Facility

Standby Facility
  A facility that supports a system and generally running under no load.

Energy terms . 2014.

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  • Standby facility —   A facility that supports a utility system and is generally running under no load. It is available to replace or supplement a facility normally in service.   U.S. Dept. of Energy, Energy Information Administration s Energy Glossary …   Energy terms

  • standby credit — A letter of credit that guarantees a loan or other form of credit facility. The bank that issues it promises to refund the amount borrowed if the borrower defaults on repayment. It calls for a certificate of default by the applicant. In a note… …   Big dictionary of business and management

  • Standby Note Issuance Facility - SNIF — A type of credit facility, often a bank, that accepts an arrangement that finances projects via secondary obligations. SNIFs will guarantee payment to the lender if the borrower defaults. In this way, SNIFs ultimately act as a form of insurance… …   Investment dictionary

  • standby revolving credit — See: revolving bank facility …   Accounting dictionary

  • revolving bank facility — standby revolving credit A loan from a bank or group of banks to a company in which the company has flexibility with regard to the timing and the number of drawdowns and repayments; any loan repaid can be reborrowed subject to fulfilment of the… …   Accounting dictionary

  • revolving bank facility — standby revolving credit A loan from a bank or group of banks to a company in which the company has flexibility with regard to the timing and the number of drawdowns and repayments; any loan repaid can be reborrowed subject to fulfilment of the… …   Big dictionary of business and management

  • Fast Flux Test Facility — The Fast Flux Test Facility is a 400 MW nuclear test reactor owned by the U.S. Department of Energy.It is situated in the 400 Area of the Hanford Site, which is located in the state of Washington.HistoryThe construction of the FFTF was completed… …   Wikipedia

  • Fast Flux Test Facility — f1 Fast Flux Test Facility Luftaufnahme der Fast Flux Test Facility Lage …   Deutsch Wikipedia

  • Extended Fund Facility —    Assistance given to IMF member nations with economies suffering from serious balance of payments difficulties caused by structural imbalances in production, trade and prices. Or alternatively, to those countries whose economies are… …   Financial and business terms

  • Nationalisation of Northern Rock — People queuing at a branch of the Northern Rock bank in Brighton on 14 September 2007. In 2008 the Northern Rock bank was nationalised by the British Government, due to financial problems caused by the subprime mortgage crisis. In 2010 the bank… …   Wikipedia

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