beneficiarymeans a Member State or a third country that is a party to a loan agreement under a CAM programme, or the general budget of the Union for non-repayable support under Article 5(1) of Decision (EU, Euratom) 2020/2053;
borrowing operationsmeans operations referred to in Article 2(1) of Implementing Decision (EU, Euratom) 2023/2825;
debt management operationsmeans operations referred to in Article 2(2) of Implementing Decision (EU, Euratom) 2023/2825;
disbursementmeans the transfer of proceeds obtained through borrowing and debt management operations to finance repayable or non-repayable support to a beneficiary;
funding instrumentsmeans bonds, notes, commercial paper, EU-bills or any other appropriate short and/or long-term financial transactions under the diversified funding strategy;
interest periodmeans a period of twelve (12) months, or such other period which may be specified in the confirmation notice, commencing on the date of disbursement or the previous interest payment date;
liquidity managementmeans management of cash flows related to funding instruments and disbursements;
liquidity management operationsmeans operations referred to in Article 2(3) of Implementing Decision (EU, Euratom) 2023/2825;
loan agreementmeans an agreement on loan support between the European Union represented by the Commission and a beneficiary under a CAM programme;
long-term fundingmeans funding referred to in Article 2(10) of the Implementing Decision (EU, Euratom) 2023/2825;
multi-beneficiary programmemeans a CAM programme whose basic act allows the disbursement of loans or grants to more than one beneficiary;
NGEUmeans any programme financed under Article 2(2) of Regulation (EU) 2020/2094, in so far as it implements measures referred to in Article 1(2) of that Regulation;
short-term fundingmeans funding referred to in Article 2(16) of Implementing Decision (EU, Euratom) 2023/2825;
single-beneficiary programmemeans a CAM programme whose basic act allows the disbursement of loans or grants to one beneficiary;
Ukraine Facilitymeans the facility established by Regulation (EU) 2024/792 to provide support for Ukraine for the period 2024 to 2027.