Examples of Default Limit in a sentence
Default Limit: means the daily limit set for usage on the Card for Cash Withdrawal or purchase of goods and services, subject to availability of funds in the Customer's Account.
Adhoc Default Limit : For KRC branches, additional limit (Branch wise) of 5 lacs is given on the assurance of collection/comfort with the client of the Branch Manager .
In numerical terms, (where the Portfolio Accepted Lending is capped at the Lender’s Portfolio Base Lending Limit) a Lender’s Portfolio Claim Limit is capped at: Guarantee Rate x Portfolio Accepted Lending x Portfolio Default Limit With a Guarantee rate of 75% and a Portfolio Default Limit of 10%, this will have the effect of setting the Portfolio Claim Limit at 7.5% (75% x 10%).
A Portfolio Default Limit will be set at a value of 10% of the aggregate value of Scheme Facilities accepted in each year (portfolio) for each Lender (or the Portfolio Base Lending Limit, if it is lower), thereby capping the State’s exposure at a guaranteed 75% of the Portfolio Claim Limit.
Notwithstanding the fact that the Cardholder’s Default Limit has not been exhausted, the Bank shall be entitled to, at any time and without notice and providing any reason and without any liability towards the Cardholder, withdraw or restrict the Cardholder’s right to use the Card or refuse to authorize for any reason be held responsible/liable for such disconnection.
Transactions on the Customer’s accounts made through the b.Digital Personal Service are subject to the Maximum Daily Default Limit (“MDDL”), where the aggregate total MDDL is BND20,000 (BRUNEI DOLLARS: TWENTY THOUSAND ONLY).
A lender’s Portfolio Claim Limit is capped at: Guarantee rate x Portfolio Accepted Lending x Portfolio Default Limit.
Irrigators may be worried about the economic, environmental and social consequences to their communities if they transfer water to cities, but they are less interested in determining and revealing these impacts than are cities.”112 (Table 3).
In addition, if this Daily Limit set by the User is rejected by DNBC, the User’s daily transaction limit shall be set at the Default Limit Per Day.
The standard Limit Order is a Good ‘til cancelled Limit Order, and will therefore remain on the Spot Order Book until you cancel it ("Default Limit Order").