Gaois

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

FINANCE|financial institutions and credit
maolú riosca creidmheasa neamhchistithe Reference Faomhadh an téarma seo mar chuid de Thionscadal Lex
ga
unfunded credit risk mitigation | unfunded CRM
en
Definition "technique of credit risk mitigation [ IATE:2246031 ] where the reduction of the credit risk on the exposure of an institution derives from the obligation of a third party to pay an amount in the event of the default of the borrower or the occurrence of other specified credit events (e.g. financial guarantees, CDS)" Reference "The EBA report on synthetic securitisation, EBA/Op/2015/26, European Banking Authority, https://www.eba.europa.eu/documents/10180/983359/EBA-Op-2015-26+EBA+report+on+synthetic+securitisation.pdf [12.8.2016]"