electronic money
Defined in Article 1, Directive 2000/46/EC
Uses as of 26/07/2001
Definitions over time (1)
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(b) "electronic money" shall mean monetary value as represented by a claim on the issuer which is: (i) stored on an electronic device; (ii) issued on receipt of funds of an amount not less in value than the monetary value issued; (iii) accepted as means of payment by undertakings other than the issuer.
Used in (73 places in 25 provisions on 26/07/2001)
Directive 2000/46/EC (73 in 25)
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