A loan facility (e.g. a credit line) whereby the two parties (lender and borrower) have a large degree of discretion...

A loan facility (e.g. a credit line or a repo facility) whereby the provider is contractually required to advance funds...

It stands for overnight standing facility; a standing facility that involves a bank (a regulated entity) lending funds to other...

A standing facility that involves a bank (a regulated entity) lending funds to other market participants, on an overnight basis,...