For the purposes of this Annex the following definitions shall apply:
General terms
1. "Counterparty Credit Risk (CCR)" means the risk that the counterparty to a transaction could default before the final settlement of the transaction's cash flows.
2. "Central counterparty" means an entity that legally interposes itself between counterparties to contracts traded within one or more financial markets, becoming the buyer to every seller and the seller to every buyer.
Transaction types
3. "Long Settlement Transactions" mean transactions where a counterparty undertakes to deliver a security, a commodity, or a foreign exchange amount against cash, other financial instruments, or commodities, or vice versa, at a settlement or delivery date that is contractually specified as more than the lower of the market standard for this particular transaction and five business days after the date on which the credit institution enters into the transaction.
4. "Margin Lending Transactions" mean transa
…