Central Bank money
Settlement is described as being in central-bank money if payment moves directly and irrevocably between accounts on the books of the central bank.

Euroclear glossary. 2008.

Look at other dictionaries:

  • Central Bank money — ( CeBM) Euroclear Clearing and Settlement glossary Settlement is described as being in central bank money if payment moves directly and irrevocably between accounts on the books of the central bank. Euroclear Clearing and Settlement glossary …   Financial and business terms

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  • cash position in Central Bank money — Balance in a central bank money account on a settlement platform operating the integrated settlement model. Also referred to as Liquidity position …   Euroclear glossary

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