Gaois

A collection of legal and legislative terms in Irish extracted from the European Union’s multilingual terminology database. More information »

ECONOMICS

#406374

IATE #3567946
saoráid chéadchaillteanais Reference Faomhadh an téarma seo mar chuid de Thionscadal Lex
ga
first-loss facility
en
Definition financial intermediaries who accept to bear the loss up to a certain limit in case of a payment default, thus covering part of the risk. Reference European Commission > DG Communication [5.2.2016].