early amortisation provision
Defined in Article 2, Securitisation Regulation
Definitions over time (1)
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For the purposes of this Regulation, the following definitions apply:
‘early amortisation provision’ means a contractual clause in a securitisation of revolving exposures or a revolving securitisation which requires, on the occurrence of defined events, investors’ securitisation positions to be redeemed before the originally stated maturity of those positions;
Earlier definition records in this act (1)
Open an entry to see its definitions, dates and uses. Separate scopes and histories are kept intact.
- Article 2(17) Historical · definitions end 09/04/2021