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| Definition Of: |
residence
The location (dwelling, place of production or other premises) within the economic territory of a country, from which an institutional entity engages and intends to continue engaging (indefinitely or for a finite period of, as a rule, one year or more) in economic activities and transactions on a significant scale. See also: resident
Copyright © 2006, European Central Bank, Frankfurt am Main, Germany. This information may be obtained free of charge through the ECB's website.
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Banking INDEX:
List of Terms: Terms beginning with "A", Page 1 |
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1 2 3 A: Page 1 of 3.
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