average outstanding electronic money
Defined in Article 2, Directive 2009/110/EC
Definitions over time (1)
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For the purposes of this Directive, the following definitions shall apply:
‘average outstanding electronic money’ means the average total amount of financial liabilities related to electronic money in issue at the end of each calendar day over the preceding six calendar months, calculated on the first calendar day of each calendar month and applied for that calendar month.
Earlier definition records in this act (1)
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- Article 2(4) Historical · definitions end 13/01/2018