conversion rate
Definitions over time (1)
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02/07/2014 – 20/07/2017 Article 2, Bank Recovery and Resolution Directive (BRRD) Scope: Whole act
1. For the purposes of this Directive the following definitions apply:
‘conversion rate’ means the factor that determines the number of shares or other instruments of ownership into which a liability of a specific class will be converted, by reference either to a single instrument of the class in question or to a specified unit of value of a debt claim;
Other definitions of this term in this act (1)
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Used in (0 places in 0 provisions on 12/11/2026)
No text uses this concept on 12/11/2026.