ADVISED LINE
\ɐdvˈa͡ɪzd lˈa͡ɪn], \ɐdvˈaɪzd lˈaɪn], \ɐ_d_v_ˈaɪ_z_d l_ˈaɪ_n]\
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A BANK LINE that a financial institution approves and maintains for a customer. The size of the line is specifically conveyed to the customer, though availability depends on the terms of the credit agreement and/or the payment of a COMMITMENT FEE. Also known as CONFIRMED LINE. See also GUIDANCE LINE.
By Henry Campbell Black
Word of the day
basidiomycota
- comprises fungi bearing the spores on basidium: Gasteromycetes (puffballs); Tiliomycetes (comprising orders Ustilaginales (smuts) and Uredinales (rusts)); Hymenomycetes (mushrooms; toadstools; agarics; bracket fungi); in some classification systems considered a division of kingdom comprises fungi bearing spores on a basidium; includes Gasteromycetes (puffballs) Tiliomycetes comprising the orders Ustilaginales (smuts) and Uredinales (rusts) Hymenomycetes (mushrooms, toadstools, agarics bracket fungi).