The Conditions use the definitions provided for in the General Conditions and the following definitions.
Questionnaire means a questionnaire containing questions about the Customer’s experience, knowledge, investment objectives, etc., in accordance with applicable law.
Estonian Central Register of Securities means the central register of securities maintained by the Nasdaq CSD SE Estonia branch.
Custodian means a credit institution providing custody, registration and/or settlement services for money and Securities, a brokerage company holding the respective licence, a depository or a settlement system used by the Bank.
Investment Services mean the following services rendered by the Bank, or a person designated by the Bank, under the Agreement to the Customer where possible: Service of acceptance, forwarding and execution of Transaction Orders pertaining to Securities, Securities Portfolio management service, investment advice and other investment services specified in the Securities Market Act that the Bank is entitled to provide. The full list of the Investment Services that the Bank may provide under its activity licence can be found on the Website.
Ancillary Services mean the following services rendered by the Bank or a person designated by the Bank under the Agreement to the Customer where possible: Safekeeping and management of Securities for the Customer and the related activities, granting credit or loans to customers for the purpose of entry into securities transactions, provided that the Bank itself is involved in the transaction, and other ancillary services provided for in the Securities Market Act that the Bank is entitled to provide. The full list of the Ancillary Services that the Bank may provide under its activity licence can be found on the Website.
Customer’s Bank Account means the Customer’s current account in another credit institution on which the Customer submits data to the Bank upon entering into the Agreement.
Customer’s Central Register Account means a securities account opened for the Customer in the Estonian Central Register of Securities where the account manager is the Bank.
Corporate Event means an event arising from a decision of a directing body of an issuer which, according to the Bank's estimate, may influence the rights and duties of an owner of Securities (e.g. issue of new shares, share split, payment of dividends, etc.).
Agreement means the Investment Services Agreement;
Bank’s Securities Account means a nominee account of Securities opened for the Bank at the Custodian, or another securities account through which the Bank holds, administers and/or manages Securities.
Banking Day means a day when banks are open for conducting banking operations in Estonia and the state where Services are provided or in another state pursuant to the context of the General Conditions.
Service means an Investment Service and an Ancillary Service or any of the aforementioned jointly.
Transaction means a transaction with Securities executed by the Bank on the basis of the Agreement in the name of the Customer or the Bank and on the Customer’s account.
Transaction Confirmation means confirmation given by the Bank to the Customer on the basis of a Transaction Order regarding execution of a Transaction.
Transaction Order means an instruction given by the Customer to the Bank in accordance with the terms and conditions of the Agreement for execution of a Transaction.
Transaction Day means the day when the parties to a Transaction have accepted all the substantial conditions of the Transaction.
Security means a security as defined in the Securities Market Act for the purposes of applicable law, which can be held by the Bank and with which Transactions can be executed.
Value Date means a day when a change in the rights or duties arising from Securities constituting the object of a Transaction is reflected in the Account.
General Conditions mean the General Conditions of the Bank.