claimmeans any claim, whether asserted by legal proceedings or not, made before or after the date of entry into force of this Regulation, under or in connection with a contract or transaction, and in particular:
competent authoritiesrefers to the competent authorities of the Member States as identified on the websites listed in Annex II;
contractincludes a bond, guarantee or indemnity, particularly a financial guarantee or financial indemnity, and credit, whether legally independent or not, as well as any related provision arising under, or in connection with, the transaction;
contract or transactionmeans any transaction of whatever form and whatever the applicable law, whether comprising one or more contracts or similar obligations made between the same or different parties;
economic resourcesmeans assets of every kind, whether tangible or intangible, movable or immovable, which are not funds, but which may be used to obtain funds, goods or services;
freezing of economic resourcesmeans preventing the use of economic resources to obtain funds, goods or services in any way, including, but not limited to, by selling, hiring or mortgaging them;
freezing of fundsmeans preventing any move, transfer, alteration, use of, access to, or dealing with funds in any way that would result in any change in their volume, amount, location, ownership, possession, character, destination or other change that would enable the funds to be used, including portfolio management;
fundsmeans financial assets and benefit of every kind, including, but not limited to:
territory of the Unionmeans the territories of the Member States to which the Treaty on European Union is applicable, under the conditions laid down in that Treaty, including their airspace.