Meaning accordion feature
What does accordion feature mean? Here you find 2 meanings of the word accordion feature. You can also add a definition of accordion feature yourself
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accordion featureA type of option that a borrower can have inserted into a syndicated credit agreement at the outset of the transaction which allows it to increase the principal under the credit agreement, subject to [..]
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accordion featureDefinition A corporate option which grants a firm the ability to increase its credit line or other liabilities with a lending financial institution, usually purchased by companies anticipating high gr [..]
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