For the purposes of this Directive, the following definitions shall apply:

(a) "consumer"  means a natural person who, in transactions covered by this Directive, is acting for purposes which are outside his trade, business or profession;

(b) "creditor" means a natural or legal person who grants or promises to grant credit in the course of his trade, business or profession;

(c) "credit agreement" means an agreement whereby a creditor grants or promises to grant to a consumer credit in the form of a deferred payment, loan or other similar financial accommodation, except for agreements for the provision on a continuing basis of services or for the supply of goods of the same kind, where the consumer pays for such services or goods for the duration of their provision by means of instalments;

(d) "overdraft facility" means an explicit credit agreement whereby a creditor makes available to a consumer funds which exceed the current balance in the consumer's current account;

(e) "overrunning" means a tacitly accepted overdraft whereby a creditor makes available to a consumer funds which exceed the current balance in the consumer's current account or the agreed overdraft facility;