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conversion factor

  1. 156
    1. (230for the purposes of BIPRU) the ratio of the currently undrawn amount of a commitment that will be drawn and outstanding at default to the currently undrawn amount of the commitment; the extent of the commitment is determined by the advised limit, unless the unadvised limit is higher.
    [Note: article 4(28) of the Banking Consolidation Directive (Definitions)]230