technical guarantee
Defined in Article 2, Guideline (EU) 2025/2595 of the ECB
Definitions over time (1)
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12/12/2025 – today applies on 11/11/2026 Article 2, Guideline (EU) 2025/2595 of the ECB Scope: Whole act
For the purposes of this Guideline, the definitions contained in Article 4 of Regulation (EU) No 575/2013, Article 2 of Regulation (EU) 2017/2402 of the European Parliament and of the Council (^{5}), Article 2 of Regulation (EU) No 1024/2013 and Article 2 of Regulation (EU) No 468/2014 (ECB/2014/17) apply. The following definitions also apply:
‘technical guarantee’ means in relation to an exposure a guarantee which guarantees the ability of the debtor to comply with contractual non-economic obligations such as the supply of goods or execution of works towards a third party and which does not have the character of a credit substitute.