lump-sum allowance

What is lump-sum allowance?

lump-sum allowance definition and meaning on Finance terms:
A fixed amount which an institution deducts in the calculation of its reserve requirement within the minimum reserve framework of the Eurosystem. See also
Eurosystem
minimum reserves<

 

reference: https://www.ecb.europa.eu/home/glossary/html/index.en.html

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