revolving exposure
Defined in Article 2, Securitisation Regulation
Definitions over time (1)
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For the purposes of this Regulation, the following definitions apply:
‘revolving exposure’ means an exposure whereby borrowers’ outstanding balances are permitted to fluctuate based on their decisions to borrow and repay, up to an agreed limit;
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(15) Historical · definitions end 09/04/2021