Examples of using Coverage level in English and their translations into Hungarian
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Financial
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Official
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Colloquial
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Medicine
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Ecclesiastic
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Programming
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Official/political
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Computer
In order to maintain depositors» confidence, the coverage level should be raised significantly.
Coverage level The current minimum coverage level is set at EUR 20 000 with the option for Member States to determine a higher coverage. .
Deposit-guarantee schemes as regards the coverage level and the payout delay(debate).
You also need to familiarize yourself with the details of a policy, so you will know the deductibles youwill have to pay in the event of an accident, the coverage levels, and the benefit limits.
In times of stability, different coverage levels may lead to depositors choosing the highest deposit protection rather than the most suitable deposit product.
Unfortunately, pets do not have the same rights and coverage levels as their human counterparts.
In times of stability, different coverage levels may lead to depositors choosing the highest deposit protection rather than the deposit product best suited to them.
You need to read all the language in the contract,to be aware of the deductible amounts, the coverage levels and the benefit limits.
Without prejudice to the second subparagraph,Member States shall adjust the coverage levels converted into another currency to the amount referred to in paragraph 1 of this Article every five years.
To select an appropriate level of protection, Commission staff assessed various options,including the coverage level of existing IGSs.
Without prejudice to the fourth subparagraph,Member States shall adjust the coverage levels converted into another currency to the amount referred to in this paragraph every five years.
You need to read all the language in the contract, so you will know the deductibles youwill have to pay in the event of an accident, the coverage levels and the benefit limits.
Without prejudice to the second subparagraph, Member States shall adjust the coverage levels converted into another currency to the amount referred to in paragraph 1 of this Article every five years.
Coverage level: Member States shall ensure that the coverage level for the aggregate deposits of each depositor is EUR 100 000 in the event of deposits being unavailable.
You need to read all the language in the contract, such as the amount of the deductible, the coverage levels and the limitations of any benefits.
Such higher coverage level should be limited in time and in scope and the Member States concerned should adjust the target level and contributions paid to their DGSs proportionately.
Opinion on amendments to the Directive on deposit-guarantee schemes as regards the coverage level and the payment delay( CON/ 2008/70).
On the one hand, the coverage level laid down in this Directive should not leave too great a proportion of deposits without protection in the interests both of consumer protection and of the stability of the financial system.
You need to read all the language in the contract, so you will know the deductibles youwill have to pay in the event of an accident, the coverage levels and the benefit limits.
On the one hand, the coverage level laid down in this Directive should not leave too great a proportion of deposits without protection in the interests both of consumer protection and of the stability of the financial system. On the other hand, the cost of funding DGSs should be taken into account.
You need to read all the language in the contract, so you will know the deductibles youwill have to pay in the event of an accident, the coverage levels and the limitations of any benefits.
When the financial crisis hit in 2008, some quick-fix amendments were made,notably to increase the coverage level to€ 100 000(in two steps) and to abandon the possibility to have co-insurance in place(i.e. that bank account holders are not fully repaid, but are to bear a certain percentage of their lost sum- even when the lost amount would be lower than the coverage limit).
Crucially, there is also increasing awareness that many savers could be caught out,and not reimbursed in the event of a bank failure because their savings exceed the coverage levels in their country.
Systems which protect the credit institution itself shouldinform depositors about their legal entitlement arising from the coverage level provided for in this Directive and about how it operates, without promising unlimited deposit protection.
To try to rectify the volatility and fluctuation of the markets, and the risk of banks with obvious or hidden liquidity problems failing to pay out, the European Parliament has drawn up a proposal for a directive, together with the Council,aimed at amending deposit guarantee schemes as regards the coverage level and the payout delay.
The power to adopt acts in accordance with Article 290 of the Treaty on the Functioning of the European Union should be delegated to the Commission in order to adjust the coverage level for the total deposits of the same depositor as laid down in this Directive in line with inflation in the Union on the basis of changes in the consumer price index.
Depositors shall be given a three-month period following notification of the merger or conversion or similar operation to withdraw or transfer to another credit institution, without incurring any penalty, their eligible deposits including all accrued interest andbenefits in so far as they exceed the coverage level pursuant to Article 6 at the time of the operation.
The purpose of the adopted Directive is to help restore confidence in the banking sector by strengthening depositor protection through: drastically reducing the payout delays, eliminating co-insurance,increasing the coverage level to EUR 50 000 as early as possible and further setting it at the level of EUR 100 000 by the end of 2010, and enhancing cross-border cooperation between the home Member State, where the bank is authorised, and the host Member State, where the foreign branch is located.
Therefore claims with regard to deposits remaining in the credit institution under resolution shouldbe limited to the difference between the funds transferred and the coverage level provided for by Directive 94/19/EC.
Therefore claims with regard to deposits remaining in the credit institution under resolution shouldbe limited to the difference between the funds transferred and the coverage level provided for by Directive 94/19/EC.