- Payment systems
Set of instruments, procedures, etc. and in general, systems for transferring funds between banks aimed at facilitating the circulation of money.
- Price stability
The maintenance of price stability is the primary objective of the Eurosystem. The Governing Council defines price stability as a year-on-year increase in the Harmonised Index of Consumer Prices (HICP) for the euro area of below 2%. The Governing Council has also made it clear that, in the pursuit of price stability, it aims to maintain inflation rates below, but close to, 2% over the medium term.
- Primary market
Market where new loans are issued.
- Promissory note
The promissory note only differs from a bill of exchange in that it is issued in the form of a promise of payment made by the debtor instead of an order or payment order by the creditor.
Official statement by a bailiff of the non-payment of a commercial bill.