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

(a) "asset-backed securities" means non-equity securities which either:(i) represent an interest in assets, including any rights intended to ensure the servicing of those assets, the receipt or the timely receipt by holders of those assets of the amounts payable under those assets;(ii) are secured by assets and the terms of the securities provide for payments calculated by reference to those assets;

(b) "equivalent third country market" means a third country market which has been deemed equivalent to a regulated market in accordance with the requirements set out in third and fourth subparagraphs of Article 25(4) of Directive 2014/65/EU of the European Parliament and of the Council [Directive 2014/65/EU of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments and amending Directive 2002/92/EC and Directive 2011/61/EU (OJ L 173, 12.6.2014, p. 349).];

(c) "profit estimate" means a profit forecast for a financial period which has expired and for which results have not yet been published;