Auktion til variabel rente ( variable rate tender ) : En auktionsprocedure , hvor modparterne afgiver bud både på det beløb , de ønsker at handle med centralbanken , og den rentesats , til hvilken de ønsker at indgå transaktionen . Begivenhed , der fører til misligholdelse ( default event ) : En begivenhed , der nævnes i eurosystemets rammer for kreditvurdering , og som er omfattet af definitionen i Europa-Parlamentets og Rådets direktiv 2006/48 / EF af 14 .
Credit institution : an institution covered by the definition contained in Article 4 ( 1 ) of Directive 2006/48 / EC of the European Parliament and of the Council of 14 June 2006 relating to the taking up and pursuit of the business of credit institutions ( recast ) . Thus , a credit institution is : ( i ) an undertaking whose business is to receive deposits or other repayable funds from the public and to grant credit for its own account , or ( ii ) an undertaking or any other legal person , other than those under ( i ) , which issues means of payment in the form of electronic money .