‘securities lending’ and ‘securities borrowing’ mean any transaction in which an institution or its counterparty transfers securities subject to a commitment that the borrower will return equivalent securities at some future date or when requested to do so by the transferor, that transaction being known as ‘securities lending’ for the institution transferring the securities and being known as ‘securities borrowing’ for the institution to which they are transferred;
ciallaíonn “urrúis a thabhairt ar iasacht” agus “urrúis a fháil ar iasacht” aon idirbheart ina n-aistríonn institiúid nó a contrapháirtí urrúis faoi réir gealltanais go dtabharfaidh an t-iasachtaí urrúis choibhéiseacha ar ais ar dháta is déanaí nó nuair a iarrfaidh an t-aistreoir sin air, ar “urrúis a thabhairt ar iasacht” a thugtar ar an idirbheart sin i gcás na hinstitiúide atá ag aistriú na n-urrús agus ar “urrúis a fháil ar iasacht” a thugtar ar an idirbheart sin i gcás na hinstitiúide a bhfuil siad á n-aistriú chuici;