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  • [ T ]

    • Tranche

      One of several related securities offered at the same time. Tranches from the same issuer usually have different risk, reward, and/or maturity characteristics.

    • Transactional Accounts

      Accounts used to settle transactions pertaining to salaries and customer income.

      Added: October 2018

    • Transfer Risk

      The risk that a borrower will not be able to convert local currency into foreign exchange and so will be unable to make debt service payments in foreign currency. The risk normally arises from exchange restrictions imposed by the government in the borrower's country.

      Added: July 2017

    • Transferable securities

      Those classes of securities which are negotiable on the capital market, with the exception of instruments of payment. Transferable securities include:

      (a) shares in companies and other securities equivalent to shares in companies, partnerships or other entities, and depositary receipts in respect of shares;
      (b) bonds or other forms of securitized debt, including depositary receipts in respect of such securities;
      (c) warrants;
      (d) any other securities giving the right to acquire or sell any such transferable securities or giving rise to a cash settlement determined by reference to transferable securities, currencies, interest rates or yields, commodities or other indices or measures.

    • Trigger event(s) (as used in Section CA-2.1)

      A trigger event is the earlier of:

      (a) A decision that a write-off (without which the conventional bank licensee would be unviable) is necessary, as determined by the CBB; or
      (b) The decision to make a public sector injection of capital (or equivalent support) without which the conventional bank licensee would have become unviable (as determined by the CBB).
      Added: January 2015

    • Trilateral meeting

      A meeting between a bank, an appointed expert and the CBB.

      Amended: October 2011

    • Transferee

      For purpose of Chapter GR-4, means any person licensed to carry out the transferred banking business.

      Added: October 2012

    • Transferor

      For the purpose of Chapter GR-4, means the bank wishing to transfer any part of its banking business according to the provisions of Resolution No.(33) for the year 2012.

      Added: October 2012