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Unless otherwise specified, terms used and defined in Directive 2013/36/EU or Regulation (EU) 575/20138 have the same meaning in the guidelines. In addition, for the purposes of these guidelines, the following definitions apply: ‘Commercial immovable property’ means any immovable property that is not a residential property within the meaning of Article 4(1)(75) of Regulation (EU) 575/2013. ‘Credit for consumption’ means credit for consumption as defined under category 2 of Part 2 of Annex 2 to Regulation (EU) No 1071/2013 of the European Central Bank9 . ‘Dimension of an exposure’ means a specific characteristic of an exposure. ‘Element of a dimension of an exposure’ means a subdivision of a dimension of an exposure. ‘Financial corporation’ means a financial corporation as defined in paragraph 2.55 of Annex A to Regulation (EU) No 549/201310 . ‘FX loan’ means FX lending as defined in the EBA Guidelines on common procedures and methodologies for the supervisory review and evaluation process (SREP) and supervisory stress testing11 . ‘General government’ means a general government as defined in paragraph 2.111 of Annex A to Regulation (EU) No 549/2013. ‘Institutional unit’ means an institutional unit as defined in paragraph 1.57 of Annex A to Regulation (EU) No 549/2013. ‘Legal person’ means a legal entity as defined in point (5) of Regulation (EU) 2016/867 of the European Central Bank12 . ‘Natural person’ means a household as defined in paragraph 2.118 of Annex A to Regulation (EU) No 549/2013. ‘Non-financial corporation’ means a non-financial corporation as defined in paragraph 2.45 of Annex A to Regulation (EU) No 549/2013. ‘Non-performing’ refers to the categorisation of an exposure as non-performing pursuant paragraphs 213-219 of Part 2 of Annex V to Commission Implementing Regulation (EU) No 680/201413 . ‘Relevant authority’ means the competent authority or the designated authority, as applicable, referred to in Article 133(3) of Directive 2013/36/EU. ‘Residential property’ means a residential property as defined in point (75) of Article 4(1) of Regulation (EU) No 575/2013. ‘Retail exposures’ means exposures hat are eligible for the retail exposure class in accordance with Article 123 of Regulation 575/2013. ‘Sectoral exposures’ means the exposures categories identified in point (b) of Article 133(5)(b) of Directive 2013/36/EU. ‘Total debt-to-EBITDA ratio’ means the ratio of total debt to EBITDA as defined in Section 3 of the ECB Guidance on leveraged transactions (May 2017). ‘Unsecured exposure’ means an exposure that is not secured by a lien, mortgage or other security to be used in case the debtor fails to make payment.
8 Regulation (EU) No 575/2013 of the European Parliament and of the Council of 26 June 2013 on prudential requirements for credit institutions and investment firms and amending Regulation (EU) No 648/2012 (OJ L 176, 27.6.2013, p.1). 9 Regulation (EU) No 1071/2013 of the European Central Bank of 24 September 2013 concerning the balance sheet of the monetary financial institutions sector (recast) (ECB/2013/33) (OJ L 297, 7.11.2013, p. 1). 10 Regulation (EU) No 549/2013 of the European Parliament and of the Council of 21 May 2013 on the European system of national and regional accounts in the European Union (OJ L 174 26.6.2013, p. 1). 11 EBA/GL/2014/13, as amended. 12 Regulation (EU) 2016/867 of the European Central Bank of 18 May 2016 on the collection of granular credit and credit risk data (ECB/2016/13) (OJ L 144, 1.6.2016, p. 44). 13 Commission Implementing Regulation (EU) No 680/2014 of 16 April 2014 laying down implementing technical standards with regard to supervisory reporting of institutions according to Regulation (EU) No 575/2013 of the European Parliament and of the Council (OJ L 191, 28.6.2014, p. 1).
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