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credit facility

Defined in 1 dictionary — U.S. Code

United States Code

31 U.S.C. § 714 — in this section (3 versions over time)

Credit facility.—The term "credit facility" means a program or facility, including any special purpose vehicle or other entity established by or on behalf of the Board of Governors of the Federal Reserve System or a Federal reserve bank, authorized by the Board of Governors under section 13(3) of the Federal Reserve Act (12 U.S.C. 343), that is not subject to audit under subsection (e).