natgillin/translations-raw huggingface dataset:
ISIN ( International Securities Identification Number ) : En international identifikationskode , der tildeles værdipapirer udstedt i de finansielle markeder . Korrespondentbankvirksomhed ( correspondent banking ) : En ordning , hvor et kreditinstitut udfører betalinger og andre ydelser for et andet kreditinstitut .
Interlinking mechanism : within the TARGET system , the Interlinking mechanism provides common procedures and an infrastructure which allow payment orders to move from one domestic RTGS system to another . International Securities Identification Number ( ISIN ) : an international identification code assigned to securities issued in financial markets .
Det udenlandske kreditinstitut betragter kontoen som en nostro-konto . Korrespondentcentralbankmodellen ( correspondent central banking model ( CCBM )) : En mekanisme oprettet af Det Europæiske System af Centralbanker for at give modparterne mulighed for at anvende aktiver som sikkerhed på tværs af grænserne .
Intraday credit : credit extended for a period of less than one business day .
Det indebærer , at hver national centralbank administrerer en værdipapirkonto for hver af de andre nationale centralbanker ( og for ECB ) . Kreditinstitut ( credit institution ) : Herved forstås i dette dokument en institution , der er omfattet af definitionen i artikel 1 , stk .
It may be extended by central banks to even out mismatches in payment settlements and can take the form of : ( i ) a collateralised overdraft , or ( ii ) a lending operation against a pledge or in a repurchase agreement .
Ved et kreditinstitut forstås således : i ) Et foretagende , hvis virksomhed består i fra offentligheden at modtage indlån eller andre midler , der skal tilbagebetales , samt i at yde lån for egen regning , eller ii ) et foretagende og enhver anden juridisk person , der udsteder betalingsmidler i form af elektroniske penge , bortset fra kreditinstitutter som defineret under i ) . Ved » elektroniske penge « forstås en pengeværdi , som repræsenteret ved et krav på udstederen , der er a ) lagret på et elektronisk medium , b ) udstedt efter modtagelse af midler , der ikke kan beløbe sig til mindre end den udstedte pengeværdi , og c ) anerkendt som betalingsmiddel af andre foretagender end udstederen .
Inverse floating rate instrument : a structured note where the rate of interest paid to the holder of the note varies inversely with changes in a certain reference interest rate .
Kuponrente fastsat på forhånd ( pre-fixed coupon ) : Kuponrenten for instrumenter med variabel rente , der bestemmes på grundlag af værdier i referenceindekset på en eller flere bestemte dage inden perioden , hvor kuponrenten optjenes .
Issuer : the entity which is obligated on a security or other financial instrument .
Kuponrente fastsat ved forfald ( post-fixed coupon ) : Kuponrenten for instrumenter med variabel rente , der bestemmes på grundlag af værdier i referenceindekset på en eller flere bestemte dage i perioden , hvor kuponrenten optjenes .
Link between securities settlement systems : a link consists of all the procedures and arrangements which exist between two securities settlement systems ( SSSs ) for the transfer of securities between the two SSSs concerned through a book-entry process .
Langfristet markedsoperation ( longer-term refinancing operation ) : En regelmæssig markedsoperation , der udføres af eurosystemet som tilbageførselsforretning .
Longer-term refinancing operation : a regular open market operation executed by the Eurosystem in the form of a reverse transaction .
Langfristede markedsoperationer udføres i form af månedlige standardauktioner med en løbetid på normalt tre måneder .
Longer-term refinancing operations are executed through monthly standard tenders and normally have a maturity of three months .
Laveste tildelingsbeløb ( minimum allotment amount ) : Den nedre grænse for det beløb , der tildeles de enkelte modparter i en auktion . Eurosystemet kan beslutte at tildele hver modpart i en auktion et mindstebeløb .
Lump-sum allowance : a fixed amount which an institution deducts in the calculation of its reserve requirement within the minimum reserve framework of the Eurosystem .
Laveste tildelingsprocent ( minimum allotment ratio ) : Den nedre grænse , udtrykt som procent , for kvotienten ved tildeling af budbeløb til den marginale rente i en auktion .
Main refinancing operation : a regular open market operation executed by the Eurosystem in the form of a reverse transaction .
Eurosystemet kan beslutte at anvende en laveste tildelingsprocent i sine auktioner .
Main refinancing operations are conducted through weekly standard tenders and normally have a maturity of one week .
Levering mod betaling ( delivery versus payment ( DVP ) system eller delivery against payment system ) : En mekanisme i et afviklingssystem , som sikrer , at endelig overførsel af aktiver ( værdipapirer eller andre finansielle instrumenter ) finder sted , hvis , og kun hvis , den endelige overførsel af et eller flere andre aktiver finder sted .
Maintenance period : the period over which compliance with reserve requirements is calculated .
Link mellem værdipapirafviklingssystemer ( link between securities settlement systems ) : Et link består af alle procedurer og arrangementer mellem to værdipapirafviklingssystemer vedrørende elektronisk overførsel af værdipapirer mellem de to systemer . Liste 1-papir ( tier one asset ) : Et omsætteligt aktiv , der opfylder visse belånbarhedskriterier , der er ensartede i hele euroområdet og fastsat af ECB .
The ECB publishes a calendar of the reserve maintenance periods at least three months before the start of each year . Maintenance periods begin on the settlement day of the first main refinancing operation following the meeting of the Governing Council at which the monthly assessment of the monetary policy stance is pre-scheduled .
Liste 2-papir ( tier two asset ) : Et omsætteligt eller ikke-omsætteligt aktiv , for hvilket de nationale centralbanker fastsætter specifikke belånbarhedskriterier , der skal godkendes af ECB . Løbetidskurv ( maturity bucket ) : En gældsinstrumentklasse inden for en likviditetskategori for liste 1-papirer eller liste 2papirer og med en restløbetid , der ligger inden for bestemte værdier , fx 3-5 år .
They normally end on the day preceding the similar settlement day in the following month . Under special circumstances , the published calendar may be amended , depending , among other things , on changes in the schedule of Governing Council meetings .
Margin call : En procedure i forbindelse med anvendelse af variationsmarginer . Centralbanken pålægger modparterne at levere yderligere aktiver ( eller kontanter ) , hvis de underliggende aktivers værdi , målt regelmæssigt , falder under et bestemt niveau .
Margin call : a procedure related to the application of variation margins , implying that if the value , as regularly measured , of the underlying assets falls below a certain level , the central bank requires counterparties to supply additional assets ( or cash ) .
Tilsvarende kan modparten bede centralbanken returnere overskydende aktiver ( eller kontanter ) , hvis de underliggende aktivers værdi efter en revaluering ligger over det beløb , som modparterne skylder , plus variationsmarginen .
Similarly , if the value of the underlying assets , following their revaluation , were to exceed the amount owed by the counterparties plus the variation margin , the counterparty may ask the central bank to return the excess assets ( or cash ) to the counterparty .
Marginal rente ( marginal interest rate ) : Den rentesats , ved hvilken hele tildelingsbeløbet i en auktion er nået .
Marginal interest rate : the interest rate at which the total tender allotment is exhausted .
Marginale udlånsfacilitet , den ( marginal lending facility ) : En stående facilitet i eurosystemet , som modparterne kan anvende til at opnå dag-til-dag kredit fra en national centralbank til en på forhånd fastsat rentesats mod belånbare aktiver .
Marginal lending facility : a standing facility of the Eurosystem which counterparties may use to receive overnight credit from a national central bank at a pre-specified interest rate against eligible assets .
Marginale antal swappoint , det ( marginal swap point quotation ) : Det antal swappoint , ved hvilket hele tildelingsbeløbet i en auktion er nået .
Marginal swap point quotation : the swap point quotation at which the total tender allotment is exhausted .
Markedsoperation ( open market operation ) : En operation , der udføres på initiativ af centralbanken i det finansielle marked .
Marking to market : see variation margin .
Med hensyn til formål , hyppighed og procedurer kan eurosystemets markedsoperationer inddeles i fire kategorier : primære markedsoperationer , langfristede markedsoperationer , finjusterende markedsoperationer og strukturelle operationer .
Maturity bucket : a class of debt instruments within a liquidity category of tier one assets or within a liquidity category of tier two assets , the residual maturity of which is within a certain range of values , e.g. the three-to-five-year maturity bucket .
Som instrument i forbindelse med markedsoperationerne anvender eurosystemet primært tilbageførselsforretninger , som kan benyttes til alle fire kategorier .
Maturity date : the date on which a monetary policy operation expires . In the case of a repurchase agreement or swap , the maturity date corresponds to the repurchase date .
Desuden kan udstedelse af gældsbeviser og egentlige købs - eller salgsforretninger benyttes til strukturelle operationer , mens egentlige købs - eller salgsforretninger , valutaswaps og modtagelse af tidsindskud fra modparter benyttes til finjusterende markedsoperationer .
Maximum bid limit : the limit on the largest acceptable bid from an individual counterparty in a tender operation . The Eurosystem may impose maximum bid limits in order to avoid disproportionately large bids from individual counterparties .
Medlemsstat ( Member State ) : Herved forstås i dette dokument en EU-medlemsstat , der har indført den fælles valuta i overensstemmelse med traktaten .
Maximum bid rate : the upper limit to the interest rate at which counterparties may submit bids in variable rate tenders . Bids at a rate above the maximum bid rate announced by the ECB are discarded .
Minimumsbudrente ( minimum bid rate ) : Den nedre grænse for den rente , til hvilken modparterne kan afgive bud i auktioner til variabel rente .
Member State : refers in this document to an EU Member State which has adopted the single currency in accordance with the Treaty .
Modpart ( counterparty ) : Den anden part i en finansiel transaktion ( fx den anden part i en transaktion med centralbanken ) .
Minimum allotment amount : the lower limit of the amount to be allotted to individual counterparties in a tender operation .
Modtagelse af tidsindskud fra modparter ( collection of fixed-term deposits ) : Et pengepolitisk instrument , der kan benyttes af eurosystemet , til finjustering med henblik på at opsuge likviditet fra markedet .
The Eurosystem may decide to allot a minimum amount to each counterparty in its tender operations . Minimum allotment ratio : the lower limit , expressed in percentage terms , of the ratio of bids at the marginal interest rate to be allotted in a tender operation .
Eurosystemet forrenter modparternes tidsindskud på konti hos de nationale centralbanker .
The Eurosystem may decide to apply a minimum allotment ratio in its tender operations .
Monetær finansiel institution ( MFI ) ( monetary financial institution ( MFI )) : De finansielle institutioner , som udgør den pengeudstedende sektor i euroområdet .
Minimum bid rate : the lower limit to the interest rates at which counterparties may submit bids in variable rate tenders . Monetary financial institution ( MFI ) : financial institutions which together form the money-issuing sector of the euro area .
De omfatter centralbankerne , residente kreditinstitutter som defineret i fællesskabslovgivningen samt alle øvrige residente finansielle institutioner , som modtager indskud og / eller nære substitutter for indskud fra enheder undtagen MFIer , og som for egen regning ( i det mindste økonomisk set ) yder kredit og / eller investerer i værdipapirer .
These include central banks , resident credit institutions , as defined in Community law , and all other resident financial institutions whose business is to receive deposits and / or close substitutes for deposits from entities other than MFIs and , for their own account ( at least in economic terms ) , to grant credit and / or invest in securities .
National centralbank ( NCB ) : Herved forstås i dette dokument en centralbank i en EU-medlemsstat , der har indført den fælles valuta i overensstemmelse med traktaten .
Multiple rate auction ( American auction ) : an auction at which the allotment interest rate ( or price / swap point ) equals the interest rate offered in each individual bid .
NCB-bankdage ( NCB business day ) : De dage , hvor den nationale centralbank i en bestemt medlemsstat er åben for udførelse af eurosystemets pengepolitiske operationer . I nogle medlemsstater kan filialer af den nationale centralbank være lukket på NCB-bankdage på grund af lokale eller regionale helligdage .
National central bank ( NCB ) : refers in this document to a central bank of an EU Member State which has adopted the single currency in accordance with the Treaty . NCB business day : any day on which the national central bank of a specific Member State is open for the purpose of conducting Eurosystem monetary policy operations .
I sådanne tilfælde skal den relevante nationale centralbank på forhånd oplyse modparterne om procedurerne for transaktioner med deltagelse af disse filialer . Nulkuponobligation ( zero coupon bond ) : Et værdipapir , der kun medfører udbetaling én gang i sin løbetid .
In some Member States , branches of the national central bank may be closed on NCB business days owing to local or regional bank holidays . In such cases , the relevant national central bank is responsible for informing the counterparties in advance of the arrangements to be made for transactions involving those branches .
I dette dokument kan nulkuponobligationer omfatte både værdipapirer udstedt til underkurs og værdipapirer , der udløser en enkelt rentebetaling ved forfald . En strip er en særlig type nulkuponobligation .
Open market operation : an operation executed on the initiative of the central bank in the financial market .
Pooling , system med ( pooling system ) : Se sikkerhed , system til pooling af . Primær markedsoperation ( main refinancing operation ) : En regelmæssig markedsoperation , der udføres af eurosystemet som en tilbageførselsforretning .
With regard to their aims , regularity and procedures , Eurosystem open market operations can be divided into four categories : main refinancing operations , longer-term refinancing operations , fine-tuning operations and structural operations .
De primære markedsoperationer udføres i form af ugentlige standardauktioner med en løbetid på normalt en uge .
As for the instruments used , reverse transactions are the main open market instrument of the Eurosystem and can be employed in all four categories of operations .
Registreringsinstitution ( depository ) : En institution , hvis hovedfunktion er at registrere værdipapirer enten fysisk eller elektronisk og føre lister over , hvem der ejer værdipapirerne .
In addition , the issuance of debt certificates and outright transactions are available for structural operations , while outright transactions , foreign exchange swaps and the collection of fixed-term deposits are available for the conduct of fine-tuning operations .
Rentekonvention ( day-count convention ) : Konventionen for det antal dage , der indgår i beregningen af renter på lån .
Outright transaction : a transaction whereby assets are bought or sold up to their maturity ( spot or forward ) .
Eurosystemet anvender rentekonventionen faktisk / 360 i sine pengepolitiske operationer .
Pooling system : see collateral pooling system .
Repo-operation ( repo operation ) : En likviditetstilførende tilbageførselsforretning udført som en genkøbsforretning .
Post-fixed coupon : a coupon on floating rate instruments which is determined on the basis of the values taken by the reference index at a certain date ( or dates ) during the coupon accrual period .
Reservekrav ( reserve requirement ) : Kravet om , at institutter skal holde mindstereserver på konti hos centralbanken .
Pre-fixed coupon : a coupon on floating rate instruments which is determined on the basis of the values taken by the reference index at a certain date ( or dates ) before the start of the coupon accrual period .
I eurosystemets reservekravssystem beregnes et kreditinstituts reservekrav ved at multiplicere reservekravskoefficienten for hver kategori af balanceposter i reservekravsgrundlaget med beløbet for de tilsvarende balanceposter på instituttets balance .
Purchase price : the price at which purchased assets are sold or are to be sold to the buyer by the seller . Quick tender : the tender procedure used by the Eurosystem for fine-tuning operations when it is deemed desirable to have a rapid impact on the liquidity situation in the market .
Desuden indrømmes institutterne et standardfradrag , der fratrækkes deres reservekrav .
Quick tenders are executed within a time frame of 90 minutes and are restricted to a limited set of counterparties . Repo operation : a liquidity-providing reverse transaction based on a repurchase agreement .
Reservekravsgrundlag ( reserve base ) : Summen af de balanceposter , der udgør grundlaget for beregning af et kreditinstituts reservekrav .
Repurchase agreement : an arrangement whereby an asset is sold while the seller simultaneously obtains the right and obligation to repurchase it at a specific price on a future date or on demand . Such an agreement is similar to collateralised borrowing , with the difference that ownership of the securities is not retained by the seller .
Reservekravsindeståender ( reserve holdings ) : Modparternes indeståender på deres reservekravskonti , hvis formål er at opfylde reservekravene .
The repurchase price equals the sum of the purchase price and the price differential corresponding to the interest on the extended liquidity over the maturity of the operation . Reserve account : an account with the national central bank on which a counterparty 's reserve holdings are maintained .
Reservekravskoefficient ( reserve ratio ) : Den koefficient , som centralbanken har defineret for hver enkelt kategori af balanceposter i reservekravsgrundlaget .
The counterparties » settlement accounts with the national central banks may be used as reserve accounts . Reserve base : the sum of the balance sheet items which constitute the basis for calculating the reserve requirement of a credit institution .
Koefficienterne bruges til beregning af reservekravene . Reservekravskonto ( reserve account ) : En konto hos den nationale centralbank , hvor en modpart holder sit reservekravsindestående .
Reserve holdings : counterparties » holdings on their reserve accounts which serve to fulfil reserve requirements . Reserve ratio : the ratio defined by the central bank for each category of balance sheet items included in the reserve base .
Modparternes afviklingskonti hos de nationale centralbanker kan benyttes som reservekravskonti .
The ratios are used to calculate reserve requirements .
Reservekravsperiode ( maintenance period ) : Den periode , for hvilken overholdelse af reservekravene beregnes .
Reserve requirement : the requirement for institutions to hold minimum reserves with the central bank .
ECB offentliggør en kalender over reservekravsperioderne mindst tre måneder inden årets begyndelse . Reservekravsperioderne starter på afviklingsdagen for den første primære markedsoperation efter det møde i Styrelsesrådet , hvor den månedlige vurdering af pengepolitikken finder sted , og slutter normalt dagen før den tilsvarende afviklingsdag i den efterfølgende måned .
Within the minimum reserve framework of the Eurosystem , the reserve requirement of a credit institution is calculated by multiplying the reserve ratio for each category of items in the reserve base with the amount of those items on the institution 's balance sheet . In addition , institutions deduct a lump-sum allowance from their reserve requirement .
Under særlige omstændigheder kan den offentliggjorte kalender ændres , fx hvis der ændres i kalenderen over Styrelsesrådets møder . Restløbetid ( residual maturity ) : Den tid , der er tilbage inden et gældsinstruments indfrielse .
Residual maturity : time remaining until the maturity date of a debt instrument . Reverse transaction : an operation whereby the national central bank buys or sells assets under a repurchase agreement or conducts credit operations against collateral .
Se også Target .
See also TARGET system .
Salgsdato ( purchase date ) : Den dato , hvor ejendomsretten til de pågældende aktiver overgår fra sælger til køber .
Safe custody account : a securities account managed by the central bank on which credit institutions can place securities deemed suitable to back central bank operations .
Salgspris ( purchase price ) : Den pris , til hvilken de pågældende aktiver sælges eller skal sælges . Samlet liste ( single list ) : En liste over aktiver , der opfylder visse belånbarhedskriterier .
Securities settlement system ( SSS ) : a system which permits the holding and transfer of securities or other financial assets , either free of payment ( FOP ) or against payment ( delivery versus payment ) .
Fra maj 2005 vil listen gradvist udgøre de eneste aktiver , der kan stilles som sikkerhed i eurosystemets likviditetstilførende markedsoperationer .
Settlement account : an account held by a direct participant in a national RTGS system with the central bank for the purpose of processing payments .
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Sikkerhed , system til pooling af ( collateral pooling system ) : Et system til centralbankernes administration af sikkerhed , hvor modparterne åbner en poolkonto til deponering af aktiver , der tjener som sikkerhed i deres transaktioner med centralbanken .
Settlement agent : an institution which manages the settlement process ( e.g. the determination of settlement positions , the monitoring of payment exchanges , etc .) for transfer systems or other arrangements requiring settlement .
I modsætning til et system med øremærkning er de underliggende aktiver ikke øremærket til de enkelte transaktioner .
Settlement date : the date on which a transaction is settled .
Snævre forbindelser ( close links ) : Snævre forbindelser forekommer i en situation , hvor modparten er forbundet med en udsteder af gældsinstrumenter som følger : a ) Modparten ejer mindst 20 pct .
The settlement might take place on the same day as the trade ( same-day settlement ) or one or several days after the trade ( the settlement date is specified as the trade date ( T ) + the settlement lag ) .
af udstederens kapital , eller et eller flere foretagender , hvor modparten ejer størstedelen af kapitalen , ejer mindst 20 pct . af udstederens kapital , eller modparten og et eller flere foretagender , hvor modparten ejer størstedelen af kapitalen , ejer tilsammen mindst 20 pct .
Single list : a list of assets that fulfil specific eligibility criteria and that will , as from May 2005 , gradually be the only assets used to collateralise the liquidity-providing operations of the Eurosystem .
c ) En tredjepart ejer størstedelen af både modpartens og udstederens kapital , enten direkte eller indirekte , gennem et eller flere foretagender , hvor tredjeparten ejer størstedelen af kapitalen .
Single rate auction ( Dutch auction ) : an auction in which the allotment interest rate ( or price / swap point ) applied for all satisfied bids is equal to the marginal interest rate .
Standardauktion ( standard tender ) : En auktionsprocedure , der anvendes af eurosystemet i dets regelmæssige markedsoperationer .
Standard tender : a tender procedure used by the Eurosystem in its regular open market operations .