franchise value

Defined in Article 1, Commission Delegated Regulation (EU) 2018/345

Definitions over time (1)

1. 29/03/2018 – today applies on 12/11/2026 Article 1, Commission Delegated Regulation (EU) 2018/345 Scope: Whole act

   For the purpose of this Regulation the following definitions shall apply:

   ‘franchise value’ means the net present value of cash flows that can reasonably be expected to result from the maintenance and renewal of assets and liabilities or businesses and includes the impact of any business opportunities, as relevant, including those stemming from the different resolution actions that are assessed by the valuer. Franchise value may be higher or lower than the value arising from the contractual terms and conditions of assets and liabilities existing at the valuation date.

Used in (8 places in 4 provisions on 12/11/2026)

Commission Delegated Regulation (EU) 2018/345 (8 in 4)

Recital 8 · Recital 10 · Article 1³ · Article 12³