Gaois

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  1. 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].