Eureka CRR Sign in

clean-up call option

as defined in CRR, Article 242, point (2) (Definitions)

a contractual option for the originator to repurchase or extinguish the securitisation positions before all of the underlying exposures have been repaid, when the amount of outstanding exposures falls below a specified level

Open in the act with Eureka

Install the extension for EUR-Lex