natgillin/translations-raw huggingface dataset:
EpipkÝom , rsiy 12 Iotkßot 2000 , opüse kÞcei g pqÜng jýqiay amavqglasodüsgrgy sgy 28gy Iotmßot 2000 , o amsirtlbakkülemoy eßmai dtmasüm ma diasgqÞrei soty sßskoty rso kocaqiarlü emevýqot sot jai Ýsri ma Ývei atsolÜsxy sg dtmasüsgsa ma dameirseß jai pÜki emsüy sxm oqßxm sxm rgleßxm emeqcopoßgrgy re emdogleqÞria bÜrg Þ le diÜqjeia lßay glÝqay ( r » atsÝy siy rtmakkacÝy euaqlüfesai aqvijü peqihþqio 1 %) .
Moreover , on 12 July 2000 , when the main refinancing operation entered into on 28 June 2000 matures , the counterparty may keep the assets on its pledge account and thus automatically benefit from a capacity to borrow again within the limits of the trigger points on an intraday basis or overnight ( with an initial margin of 1 % applied to these transactions ) .
So pkaßrio ekÝcvot jimdýmxm rso rýrsgla rtcjÝmsqxrgy peqicqÜuesai rsom pßmaja 3 pot ajokotheß .
The risk control framework in the pooling system is described in Table 3 .
( 1 ) Oi ehmijÝy jemsqijÝy sqÜpefey lpoqoým ma fgsÞrotm sgm jÜktwg sxm diauoqþm aposßlgrgy le lesqgsÜ jai üvi le sßskoty .
( 1 ) National central banks may perform margin calls in cash rather than securities .
( 2 ) EÜm Ýma peqihþqio pqÝpei ma jasabkgheß rsom amsirtlbakkülemo apü sgm ehmirÞ jemsqijÞ pqÜpefa re rvÝrg le sg deýseqg rtmakkacÞ , atsü eßmai dtmasüm , re oqirlÝmey peqipsþreiy , ma rtlwguirseß le so peqihþqio pot jasÝbake rsgm ehmijÞ jemsqijÞ sqÜpefa apü som amsirtlbakkülemo re rvÝrg le sgm pqþsg rtmakkacÞ .
( 2 ) If a margin had to be paid to the counterparty by the national central bank in relation to the second transaction , such a margin may , in certain cases , be netted out with the margin paid to the national central bank by the counterparty in relation to the first transaction .
Rsgm peqßpsxrg atsÞ cßmesai lümo Ýmay diajamomirlüy peqihxqßot .
As a result , there would only be one margin settlement .
Epßrglg Eugleqßda sxm Etqxpaújþm JoimosÞsxm Pßmajay 2 . Rýrsgla eneidßjetrgy
Official Journal of the European Communities Table 2  Earmarking system
Gleqolgmßa
Date
RtmakkacÝy Gleqolgmßa Ýmaqngy
Outstanding transactions
Gleqolgmßa kÞnexy
Start date End date
Episüjio Porü
Interest rate
DedotketlÝmoi süjoi
Amount
28.6.2000 Jýqia amavqglasodüsgrg 29.6.2000 Jýqia amavqglasodüsgrg Pio lajqopqüherlg amavqglasodüsgrg 30.6.2000 Jýqia amavqglasodüsgrg Pio lajqopqüherlg amavqglasodüsgrg 30.6.2000 Jýqia amavqglasodüsgrg Pio lajqopqüherlg amavqglasodüsgrg 3.7.2000 Jýqia amavqglasodüsgrg Pio lajqopqüherlg amavqglasodüsgrg 4.7.2000 Jýqia amavqglasodüsgrg Pio lajqopqüherlg amavqglasodüsgrg 5.7.2000 Jýqia amavqglasodüsgrg Pio lajqopqüherlg amavqglasodüsgrg Jýqia amavqglasodüsgrg
Accrued interest 28.6.2000 Main refinancing 29.6.2000 Main refinancing Longer-term refinancing 30.6.2000 Main refinancing Longer-term refinancing 30.6.2000 Main refinancing Longer-term refinancing 3.7.2000 Main refinancing Longer-term refinancing 4.7.2000 Main refinancing Longer-term refinancing 5.7.2000 Main refinancing Longer-term refinancing Main refinancing
Aqvijü peqihþqio Porü lesÜ sgm euaqlocÞ sot peqihxqßot
Initial margin Margined amount Lower trigger amount
Jasþseqo rgleßo emeqcopoßgrgy
Upper trigger amount
Amþseqo rgleßo emeqcopoßgrgy
Adjusted market value
PqoraqlorlÝmg acoqaßa anßa
Margin call Date
Epßrglg Eugleqßda sxm Etqxpaújþm JoimosÞsxm Pßmajay 3 . Rýrsgla rtcjÝmsqxrgy
Official Journal of the European Communities Table 3  Pooling system
PAQAQSGLA 2 CkxrrÜqio AmsirsqepsÝa pqÜng ( reverse transaction ) : rtmakkacÞ lÝrx sgy opoßay g ehmijÞ jemsqijÞ sqÜpefa acoqÜfei Þ pxkeß peqiotriajÜ rsoiveßa le rtluxmßa epamacoqÜy Þ diemeqceß pirsxsijÝy pqÜneiy Ýmamsi aruÜkeiay .
ANNEX 2 Glossary Actual / 360 : the day-count convention applied for the calculation of interest on a credit , implying that the interest is calculated over the actual number of calendar days over which the credit is extended , on the basis of a 360-day year .
Amsirtlbakkülemoy ( counterparty ) : o Ükkoy rtlbakkülemoy re lia vqglasooijomolijÞ rtmakkacÞ ( p.v. re lia rtmakkacÞ le sgm jemsqijÞ sqÜpefa ) .
This day-count convention is applied in Eurosystem monetary policy operations . American auction : see multiple rate auction .
Amþsaso episüjio pqoruoqÜy ( maximum bid rate ) : so amþsaso episüjio so opoßo lpoqoým ma amacqÜuotm rsiy pqoruoqÝy soty oi amsirtlbakkülemoi jasÜ siy dglopqarßey amsacxmirsijoý episojßot .
Averaging provision : a provision allowing counterparties to fulfil their reserve requirements on the basis of their average reserve holdings over the maintenance period .
¼ rey pqoruoqÝy amacqÜuotm episüjio twgküseqo sot amþsasot episojßot pqoruoqÜy pot amajoimþmei g EJS apoqqßpsomsai .
The averaging provision contributes to the stabilisation of money market interest rates by giving institutions an incentive to smooth the effects of temporary liquidity fluctuations .
Amþsaso üqio pqoruoqÜy ( maximum bid limit ) : so amþsaso porü pqoruoqÜy pot lpoqeß ma tpobÜkei jÜhe lelomxlÝmoy amsirtlbakkülemoy re lia dglopqarßa .
The Eurosystem 's minimum reserve system allows for averaging .
So Etqxrýrsgla lpoqeß ma epibÜkei amþsasa üqia pqoruoqÜy pqojeilÝmot ma aposqÝwei sgm tpobokÞ dtramÜkoca twgkþm pqoruoqþm apü lelomxlÝmoty amsirtlbakkolÝmoty .
Bilateral procedure : a procedure whereby the central bank deals directly with only one or a few counterparties , without making use of tender procedures .
ApodovÞ jasahÝrexm jahoqirlÝmgy diÜqjeiay ( collection of fixed-term deposits ) : lÝro molirlasijÞy pokisijÞy pot lpoqeß ma vqgrilopoigheß apü so Etqxrýrsgla , le rjopü sgm enolÜktmrg sxm bqavtvqümixm diajtlÜmrexm sgy qetrsüsgsay , jai rso pkaßrio sot opoßot so Etqxrýrsgla paqÝvei süjo epß jasahÝrexm jahoqirlÝmgy diÜqjeiay pot sgqoým oi amsirtlbakkülemoi re kocaqiarloýy rsiy ehmijÝy jemsqijÝy sqÜpefey , pqojeilÝmot ma apoqqouÞrei qetrsüsgsa apü sgm acoqÜ .
Bilateral procedures include operations executed through stock exchanges or market agents . Book-entry system : an accounting system that permits the transfer of securities and other financial assets without the physical movement of paper documents or certificates ( e.g. the electronic transfer of securities ) .
ApohesÞqio ( depository ) : uoqÝay sot opoßot o pqxsaqvijüy qükoy rtmßrsasai rsgm jasavþqgrg sßskxm re utrijÞ Þ gkejsqomijÞ loquÞ jai rsgm paqajokoýhgrg sgy jtqiüsgsay sxm sßskxm .
Central securities depository ( CSD ) : an entity which holds and administers securities or other financial assets , holds the issuance accounts and enables transactions to be processed by book entry .
Aposßlgrg le sgm sqÝvotra silÞ sgy acoqÜy ( marking to market ) : bkÝpe peqihþqio diauoqþm aposßlgrgy .
Assets may exist either physically ( but immobilised within the CSD ) or in a dematerialised form ( i.e. only as electronic records ) .
Apoûkopoßgrg ( dematerialisation ) : g jasÜqcgrg sxm paqarsasijþm Þ Ükkxm eccqÜuxm pot emrxlasþmotm dijaßxla jtqiüsgsay epß vqglasooijomolijþm peqiotriajþm rsoiveßxm , Ýsri þrse sa vqglasooijomolijÜ peqiotriajÜ rsoiveßa ma tußrsamsai lümom xy kocirsijÝy eccqauÝy . Aqvijü peqihþqio ( initial margin ) : lÝsqo ekÝcvot jimdýmxm pot euaqlüfesai rsiy amsirsqepsÝey pqÜneiy jai rtmepÜcesai üsi g aruÜkeia pot apaiseßsai cia lia rtmakkacÞ pqÝpei ma iroýsai le sgm paqevülemg pqoy som amsirtlbakkülemo pßrsxrg rtm sgm anßa sot aqvijoý peqihxqßot .
Close links : Article 1 ( 26 ) of Directive 2000/12 / EC of the European Parliament and of the Council of 20 March 2000 relating to the taking up and pursuit of the business of credit institutions states that  Close links shall mean a situation in which two or more natural or legal persons are linked by : ( a ) participation , which shall mean the ownership , direct or by way of control , of 20 % or more of the voting rights or capital of an undertaking , or ( b ) control , which shall mean the relationship between a parent undertaking and a subsidiary , in all the cases referred to in Article 1 ( 1 ) and ( 2 ) of Directive 83/349 / EEC , or a similar relationship between any natural or legal person and an undertaking ;
So Etqxrýrsgla euaqlüfei aqvijÜ peqihþqia pot diauoqopoioýmsai amÜkoca le sg diÜqjeia sot vqglasodosijoý amoßclasoy sot EtqxrtrsÞlasoy Ýmamsi sot amsirtlbakkolÝmot cia lia dedolÝmg pqÜng .
any subsidiary undertaking of a subsidiary undertaking shall also be considered a subsidiary of the parent undertaking which is at the head of those undertakings .
BÜrg tpokocirloý sxm tpovqexsijþm ekÜvirsxm apohelasijþm Þ bÜrg sxm apohelasijþm ( reserve base ) : so Ühqoirla sxm rsoiveßxm sot irokocirloý le bÜrg so opoßo tpokocßfesai g tpovqÝxrg sÞqgrgy ekÜvirsxm apohelasijþm emüy pirsxsijoý idqýlasoy .
A situation in which two or more natural or legal persons are permanently linked to one and the same person by a control relationship shall also be regarded as constituting a close link between such persons .
Dglopqarßa aleqijamijoý sýpot ( American auction ) : bkÝpe dglopqarßa pokkapkoý episojßot .
Collateral pooling system : a central bank system for managing collateral , in which counterparties open a pool account to deposit assets collateralising their transactions with the central bank .
Dglopqarßa amsacxmirsijoý episojßot ( variable rate tender ) : dglopqarßa jasÜ sgm opoßa oi amsirtlbakkülemoi amacqÜuotm rsiy pqoruoqÝy soty süro so vqglasijü porü sgy rtmakkacÞy soty le sgm jemsqijÞ sqÜpefa üro jai so episüjio le so opoßo epihtloým ma rtllesÜrvotm rsg rtmakkacÞ . Dglopqarßa emiaßot episojßot ( dglopqarßa okkamdijoý sýpot ) ( single rate auction  Dutch auction ) : dglopqarßa üpot so episüjio jasamolÞy ( Þ g silÞ Þ , rsgm peqßpsxrg pqÜnexm amsakkacÞy molirlÜsxm , oi lomÜdey bÜrgy swap ) pot euaqlüfesai cia ükey siy epistveßy pqoruoqÝy iroýsai le so oqiajü episüjio .
In a pooling system , by contrast with an earmarking system , the underlying assets are not earmarked for individual transactions . Collection of fixed-term deposits : a monetary policy instrument that may be used by the Eurosystem for fine-tuning purposes where the Eurosystem offers remuneration on counterparties » fixed-term deposits on accounts with the national central banks in order to absorb liquidity from the market .
Dglopqarßa okkamdijoý sýpot ( Dutch auction ) : bkÝpe dglopqarßa emiaßot episojßot .
Correspondent banking : an arrangement under which one credit institution provides payment and other services to another credit institution .
Dglopqarßa pokkapkoý episojßot ( dglopqarßa aleqijamijoý sýpot ) ( multiple rate auction  American auction ) : dglopqarßa jasÜ sgm opoßa so episüjio jasamolÞy ( Þ g silÞ Þ , rsgm peqßpsxrg pqÜnexm amsakkacÞy molirlÜsxm , oi lomÜdey bÜrgy swap ) iroýsai le so episüjio pot amacqÜuesai re jÜhe epilÝqoty pqoruoqÜ ( Dglopqarßa poroý ( volume tender ) : bkÝpe dglopqarßa rsaheqoý episojßot .
Payments through correspondents are often executed through reciprocal accounts ( nostro and loro accounts ) , to which standing credit lines may be attached . Correspondent banking services are primarily provided across international boundaries , but are also known as agency relationships in some domestic contexts .
Dglopqarßa rsaheqoý episojßot ( fixed rate tender ) : dglopqarßay jasÜ sgm opoßa so episüjio pqojahoqßfesai apü sgm jemsqijÞ sqÜpefa jai oi rtllesÝvomsey amsirtlbakkülemoi amacqÜuotm rsiy pqoruoqÝy soty so porü le so opoßo epihtloým ma rtmÜwotm rtmakkacÞ le so jahoqirlÝmo atsü episüjio .
the foreign credit institution would in turn regard this account as its nostro account . Correspondent central banking model ( CCBM ) : a mechanism established by the European System of Central Banks with the aim of enabling counterparties to use underlying assets in a cross-border context .
Diadijarßa dglopqarßay ( tender procedure ) : diadijarßa jasÜ sgm opoßa g jemsqijÞ sqÜpefa paqÝvei qetrsüsgsa rsgm acoqÜ Þ apoqqouÜ qetrsüsgsa apü sgm acoqÜ le bÜrg amsacxmirsijÝy pqoruoqÝy pot tpobÜkkotm oi amsirtlbakkülemoi . Oi pkÝom amsacxmirsijÝy pqoruoqÝy ijamopoioýmsai jasÜ reiqÜ pqoseqaiüsgsay lÝvqiy üsot enamskgheß so rtmokijü porü qetrsüsgsay pot pqüjeisai ma paqarveheß Þ ma apoqqougheß apü sgm jemsqijÞ sqÜpefa .
In the CCBM , national central banks act as custodians for one another . This means that each national central bank has a securities account in its securities administration for each of the other national central banks ( and for the ECB ) .
DiaqhqxsijÞ pqÜng ( structural operation ) : pqÜng amoijsÞy acoqÜy sgm opoßa diemeqceß so Etqxrýrsgla le jýqio rjopü ma pqoraqlüfei sg diaqhqxsijÞy hÝrg qetrsüsgsay sot vqglasopirsxsijoý solÝa Ýmamsi sot EtqxrtrsÞlasoy .
Counterparty : the opposite party in a financial transaction ( e.g. any transaction with the central bank ) .
Diartmoqiajüy diajamomirlüy ( cross-border settlement ) : diajamomirlüy pot pqaclasopoießsai re Ükkg vþqa jai üvi re ejeßmg Þ ejeßmey üpot etqßrjesai o Ýmay rtlbakkülemoy Þ jai oi dýo rtlbakkülemoi .
Credit institution : refers in this document to an institution covered by the definition contained in Article 1 ( 1 ) of Directive 2000/12 / EC of the European Parliament and of the Council of 20 March 2000 relating to the taking up and pursuit of the business of credit institutions , as amended by Directive 2000/28 / EC of the European Parliament and of the Council of 18 September 2000 .
DiehmÞy jxdijüy amacmþqirgy sßskxm ( ISIN ) ( International Securities Identification Number ) : diehmÞy jxdijüy amacmþqirgy pot dßdesai rsoty sßskoty oi opoßoi ejdßdomsai rsiy vqglasopirsxsijÝy acoqÝy .
Thus , a credit institution is : ( i ) an undertaking whose business is to receive deposits or other repayable funds from the public and to grant credit for its own account ;
Dietjüktmrg apodovÞy jasahÝrexm ( deposit facility ) : pÜcia dietjüktmrg sot EtqxrtrsÞlasoy , sgm opoßa lpoqoým ma vqgrilopoioým oi amsirtlbakkülemoi cia ma pqaclasopoioým jasahÝreiy diÜqjeiay lßay glÝqay re lia ehmijÞ jemsqijÞ sqÜpefa , ejsojifülemey le pqojahoqirlÝmo episüjio .
or ( ii ) an undertaking or any other legal person , other than those under ( i ) , which issues means of payment in the form of electronic money .
Dietjüktmrg oqiajÞy vqglasodüsgrgy ( marginal lending facility ) : pÜcia dietjüktmrg sot EtqxrtrsÞlasoy , sgm opoßa lpoqoým ma vqgrilopoioým oi amsirtlbakkülemoi cia ma kalbÜmotm pßrsxrg diÜqjeiay lßay glÝqay apü lia ehmijÞ jemsqijÞ sqÜpefa , le pqojahoqirlÝmo episüjio .
 Electronic money  shall mean monetary value as represented by a claim on the issuer which is : ( a ) stored on an electronic device ;
DileqÞy diadijarßa ( bilateral procedure ) : diadijarßa lÝrx sgy opoßay g jemsqijÞ sqÜpefa rtmakkÜrresai apetheßay le Ýmam amsirtlbakkülemo Þ le peqioqirlÝmo aqihlü amsirtlbakkolÝmxm , vxqßy ma pqorueýcei re diadijarßa dglopqarßay .
( b ) issued on receipt of funds of an amount not lower in value than the monetary value issued ;
Oi dileqeßy diadijarßey peqikalbÜmotm pqÜneiy pot ejsekoýmsai lÝrx vqglasirsgqßot Þ lerokabgsþm sgy acoqÜy . Dtmasüsgsa sÞqgrgy sxm tpovqexsijþm ekÜvirsxm apohelasijþm jasÜ lÝro üqo ( averaging provision ) : qýhlirg pot episqÝpei rsoty amsirtlbakkolÝmoty ma ejpkgqþmotm sgm tpovqÝxrg sÞqgrgy ekÜvirsxm apohelasijþm re lÝro epßpedo jasÜ sg diÜqjeia sgy peqiüdot sÞqgrgy .
and ( c ) accepted as a means of payment by undertakings other than the issuer . Cross-border settlement : a settlement which takes place in a country other than the country or countries in which one or both of the parties to the trade are located .
G dtmasüsgsa atsÞ rtlbÜkkei rsg rsaheqopoßgrg sxm episojßxm sgy vqglasacoqÜy , jahþy paqÝvei rsa idqýlasa jßmgsqo ma enolakýmotm siy epipsþreiy sxm pqorxqimþm diajtlÜmrexm sgy qetrsüsgsay .
Custodian : an entity which undertakes the safekeeping and administration of securities and other financial assets on behalf of others .
So rýrsgla ekÜvirsxm apohelasijþm sot EtqxrtrsÞlasoy pqobkÝpei sÝsoiot dtmasüsgsa .
Day-count convention : the convention regulating the number of days included in the calculation of interest on credits .
EhmijÞ jemsqijÞ sqÜpefa ( EhmJS ) ( national central bank  NCB ) : rso paqüm ecveiqßdio , le som üqo atsü moeßsai jemsqijÞ sqÜpefa jqÜsoty-lÝkoty sgy EE pot Ývei tiohesÞrei so emiaßo mülirla rýluxma le sg RtmhÞjg . Ejdüsgy ( issuer ) : o uoqÝay o opoßoy amakalbÜmei sgm emovijÞ tpovqÝxrg pot apoqqÝei apü Ýma sßsko Þ Ükko vqglasodosijü lÝro .
The Eurosystem applies the day-count convention actual / 360 in its monetary policy operations . Delivery versus payment ( DVP ) or delivery against payment system : a mechanism in an exchange-for-value settlement system which ensures that the final transfer of assets ( securities or other financial instruments ) occurs if , and only if , the final transfer of another asset ( or other assets ) occurs .
¸ jsajsg dglopqarßa ( quick tender ) : g diadijarßa dglopqarßay sgm opoßa vqgrilopoieß so Etqxrýrsgla rsiy pqÜneiy enolÜktmrgy sxm bqavtvqümixm diajtlÜmrexm sgy qetrsüsgsay üsam jqßmesai epihtlgsüy o Üleroy epgqearlüy sxm rtmhgjþm qetrsüsgsay rsgm acoqÜ .
Dematerialisation : the elimination of physical certificates or documents of title which represent ownership of financial assets so that the financial assets exist only as accounting records .
Oi Ýjsajsey dglopqarßey ejsekoýmsai emsüy liay þqay jai r » atsÝy rtllesÝvei Ýmay peqioqirlÝmoy aqihlüy amsirtlbakkolÝmxm . Ej sxm pqosÝqxm jahoqifülemo sojoleqßdio ( pre-fixed coupon ) : sojoleqßdio sßskxm jtlaimülemot episojßot , so opoßo jahoqßfesai le bÜrg siy silÝy pot kalbÜmei o deßjsgy amauoqÜy re oqirlÝmg gleqolgmßa Þ oqirlÝmey gleqolgmßey pqim apü sgm Ýmaqng sgy sojouüqot peqiüdot .
Deposit facility : a standing facility of the Eurosystem which counterparties may use to make overnight deposits at a national central bank , which are remunerated at a pre-specified interest rate . Depository : an agent with the primary role of recording securities either physically or electronically and keeping records of the ownership of these securities .
Ej sxm trsÝqxm jahoqifülemo sojoleqßdio ( post-fixed coupon ) : sojoleqßdio sßskxm jtlaimülemot episojßot , so opoßo jahoqßfesai le bÜrg siy silÝy pot kalbÜmei o deßjsgy amauoqÜy re oqirlÝmg gleqolgmßa Þ oqirlÝmey gleqolgmßey emsüy sgy sojouüqot peqiüdot .
Deposits redeemable at notice : the instrument category consisting of deposits for which the holder has to respect a fixed period of notice before being able to withdraw the funds .
EkÜvirso episüjio pqoruoqÜy ( minimum bid rate ) : so jasþsaso üqio sxm episojßxm le sa opoßa oi amsirtlbakkülemoi lpoqoým ma tpobÜkotm pqoruoqÝy rsiy dglopqarßey amsacxmirsijoý episojßot .
In some cases , there is the possibility of withdrawing a certain fixed amount in a specific period or of earlier withdrawal subject to the payment of a penalty .
EkÜvirso porü jasamolÞy ( minimum allotment amount ) : so jasþsaso üqio sot poroý pot ha jasamelgheß re jÜhe lelomxlÝmo amsirtlbakkülemo re lia dglopqarßa . So Etqxrýrsgla lpoqeß le apüuarÞ sot ma jasameßlei rsiy dglopqarßey sot Ýma ekÜvirso porü re jÜhe amsirtlbakkülemo .
Deposits with agreed maturity : the instrument category consisting mainly of time deposits with a given maturity which , depending on national practices , may be either unconvertible prior to maturity or convertible only subject to a penalty .
EkÜvirso pororsü jasamolÞy ( minimum allotment ratio ) : so jasþsaso üqio , ejuqafülemo xy pororsü , sgy amakocßay sxm pqoruoqþm rso oqiajü episüjio pot ha cßmotm apodejsÝy re lia dglopqarßa .
This category also encompasses some non-marketable debt instruments , such as non-marketable ( retail ) certificates of deposit . Dutch auction : see single rate auction .
So Etqxrýrsgla lpoqeß le apüuarÞ sot ma euaqlürei ekÜvirso pororsü jasamolÞy rsiy dglopqarßey sot .
Earmarking system : a system for central banks » collateral management where liquidity is provided against assets earmarked for each individual transaction .
EmdogleqÞria pßrsxrg Þ emdogleqÞria vqglasodüsgrg ( intraday credit ) : pßrsxrg pot paqÝvesai le diÜqjeia lijqüseqg sgy liay eqcÜrilgy glÝqay .
ECB payment mechanism ( EPM ) : the payment arrangements organised within the ECB and connected to TARGET for the purpose of effecting : ( i ) payments between accounts held at the ECB ;
Oi jemsqijÝy sqÜpefey lpoqoým ma sgm paqaseßmotm cia ma jaktuhoým oi diauoqÝy rsoty diajamomirloýy pkgqxlþm . Lpoqeß ma Ývei sg loquÞ : i ) tpeqamakÞwexm Ýmamsi aruÜkeiay , Þ ii ) dameßxm Ýmamsi emevýqot Þ rso pkaßrio rtluxmßay epamacoqÜy .
and ( ii ) payments through TARGET between accounts held at the ECB and at the national central banks . ECB time : the time of the place in which the ECB is located .
EOV ( Etqxpaújüy Oijomolijüy Vþqoy ) ( EEA  European Economic Area ) : peqikalbÜmei sa jqÜsg-lÝkg sgy EE jai epipkÝom sgm Irkamdßa , so KivsemrsÜim jai sg Moqbgcßa .
EEA ( European Economic Area ) countries : the EU Member States and Iceland , Liechtenstein and Norway .
EqcÜrilg glÝqa sgy EhmJS ( NCB business day ) : opoiadÞpose glÝqa jasÜ sgm opoßa g ehmijÞ jemsqijÞ sqÜpefa emüy rtcjejqilÝmot jqÜsoty-lÝkoty keisotqceß cia sg diemÝqceia pqÜnexm molirlasijÞy pokisijÞy sot EtqxrtrsÞlasoy .
End-of-day : the time of the business day ( after the TARGET system has closed ) at which the payments processed in the TARGET system are finalised for the day . Equity price risk : the risk of loss arising from movements in equity prices .
Re oqirlÝma jqÜsg lÝkg sa tpojasarsÞlasa sxm ehmijþm jemsqijþm sqapefþm emdÝvesai ma eßmai jkeirsÜ siy eqcÜriley glÝqey sgy EhmJS kücx sopijÞy Þ peqiueqeiajÞy aqcßay .
The Eurosystem is exposed to equity price risk in its monetary policy operations to the extent that equities are considered to be eligible as tier-two assets .
Rsiy peqipsþreiy atsÝy , g oijeßa ehmijÞ jemsqijÞ sqÜpefa Ývei sgm ethýmg ma cmxrsopoiÞrei ej sxm pqosÝqxm rsoty amsirtlbakkolÝmoty siy qthlßreiy pot ha cßmotm cia siy rtmakkacÝy rsiy opoßey elpkÝjomsai sa em kücx tpojasarsÞlasa .
Euro area : the term by which the EU Member States which have adopted the euro as their single currency in accordance with the Treaty are collectively defined .
EqcÜrilg glÝqa sot EtqxrtrsÞlasoy ( Eurosystem business day ) : opoiadÞpose glÝqa jasÜ sgm opoßa g EJS jai sotkÜvirsom lßa ehmijÞ jemsqijÞ sqÜpefa keisotqcoým cia sg diemÝqceia pqÜnexm molirlasijÞy pokisijÞy sot EtqxrtrsÞlasoy . Etqxpaújü Rýrsgla Jemsqijþm Sqapefþm ( ERJS ) ( European System of Central Banks  ESCB ) : aposekeßsai apü sgm EtqxpaújÞ JemsqijÞ SqÜpefa ( EJS ) jai siy ehmijÝy jemsqijÝy sqÜpefey sxm jqasþm-lekþm sgy EE .
European System of Central Banks ( ESCB ) : refers to the European Central Bank ( ECB ) and the national central banks of the EU Member States . It should be noted that national central banks of Member States which have not adopted the single currency in accordance with the Treaty retain their powers in the field of monetary policy according to national law and are thus not involved in the conduct of the monetary policy of the Eurosystem .
Rgleiþmesai üsi oi ehmijÝy jemsqijÝy sqÜpefey sxm jqasþm-lekþm pot dem Ývotm tiohesÞrei so emiaßo mülirla rýluxma le sg RtmhÞjg diasgqoým siy aqlodiüsgsÝy soty rsom solÝa sgy molirlasijÞy pokisijÞy le bÜrg so ehmijü soty dßjaio jai xy ej soýsot dem rtllesÝvotm rsgm Ürjgrg sgy molirlasijÞy pokisijÞy sot EtqxrtrsÞlasoy . Etqxrýrsgla ( Eurosystem ) : aposekeßsai apü sgm EtqxpaújÞ JemsqijÞ SqÜpefa ( EJS ) jai siy ehmijÝy jemsqijÝy sqÜpefey sgy fþmgy sot etqþ .
Eurosystem : comprises the European Central Bank ( ECB ) and the national central banks of the Member States of the euro area . The decision-making bodies of the Eurosystem are the Governing Council and the Executive Board of the ECB .
So üqcama kÞwexy apouÜrexm sot EtqxrtrsÞlasoy eßmai so Dioijgsijü Rtlboýkio jai g EjsekersijÞ EpisqopÞ sgy EJS .
Eurosystem business day : any day on which the ECB and at least one national central bank are open for the purpose of conducting Eurosystem monetary policy operations .
EuÜpan apakkacÞ ( lump-sum allowance ) : jahoqirlÝmo porü so opoßo Ýma ßdqtla auaiqeß jasÜ som tpokocirlü sgy tpovqÝxrgy sÞqgrgy ekÜvirsxm apohelasijþm sot rso pkaßrio sot rtrsÞlasoy ekÜvirsxm apohelasijþm sot EtqxrtrsÞlasoy .
Final transfer : an irrevocable and unconditional transfer which effects a discharge of the obligation to make the transfer .