conversion factor
Definitions over time (1)
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17/04/2007 – 01/01/2014 Article 4, Directive 2006/48/EC (CRD) Scope: Whole act
For the purposes of this Directive, the following definitions shall apply:
‘conversion factor’ means the ratio of the currently undrawn amount of a commitment that will be drawn and outstanding at default to the currently undrawn amount of the commitment, the extent of the commitment shall be determined by the advised limit, unless the unadvised limit is higher;
Earlier definition records in this act (1)
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- Article 4(28) Historical · definitions end 17/04/2007
Used in (0 places in 0 provisions on 12/11/2026)
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