effective ee
as defined in Directive 2006/48/EC of the European Parliament and of the Council of 14 June…
the maximum expected exposure that occurs at that date or any prior date. Alternatively, it may be defined for a specific date as the greater of the expected exposure at that date, or the effective exposure at the previous date.
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Also defined in
- CRR 32013R0575, Article 272, point (20)
the maximum expected exposure that occurs at that date or any prior date. Alternatively, it may be defined for a specific date as the greater of the expected exposure at that date or the effective expected exposure at any prior date;