Emerging Market definition
Examples of Emerging Market in a sentence
For FX transactions involving one or more Emerging Market currencies: Please select the service offering to apply to custody related FX Session Range (Default) We, the undersigned Customer, have received the latest version of the Session Range Program Description available at the above web link.
Emerging Market countries are countries that are generally considered to be developing or emerging countries by the International Bank for Reconstruction and Development or the International Finance Corporation, as well as countries that are classified by the United Nations or are otherwise regarded by their own authorities as developing.
A Restricted Subsidiary of the Company shall not be considered to be a "previously existing Restricted Subsidiary" for purposes of this definition if such Restricted Subsidiary is designated to be an Emerging Market Subsidiary at or prior to the time of the formation of such Restricted Subsidiary or at or prior to the time such Restricted Subsidiary is acquired by the Company.
If you qualify as a Emerging Market Merchant (as defined by Association guidelines from time to time) and utilize a terminal or electronic system for authorization and settlement through Global Direct, each transaction you submit which meets all the following requirements will be priced at the rates quoted.
At the time that a previously existing Restricted Subsidiary of the Company is designated an Emerging Market Subsidiary, the Company shall be deemed to make an "Investment" in such Emerging Market Subsidiary in an amount equal to its Pro Rata Interest in the fair market value of the net assets of such Restricted Subsidiary.