Default fund: Difference between revisions
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imported>Doug Williamson (Create the page. Source: Bank of England's supervision of financial market infrastructures - Annual Report March 2014, p16: http://www.bankofengland.co.uk/publications/Pages/fmi/default.aspx) |
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Revision as of 13:50, 18 March 2014
A fund of assets provided by the members of a payment system, available to pay the liabilities of defaulting members.
