| 释义 |
directive 1) An instruction to carry out certain money-market operations, particularly instructions given by the US Federal Reserve Open Market Committee. 2) A legislative decision by the European Union's Council of Ministers and Parliament, which is binding on member states but allows them to decide how to enact the required legislation. See: banking directives, Eighth Directive, Financial Services Directive, Fourth Directive, Investment Services Directive, Merger Control Directive, Second Directive, Seventh Directive, Solvency Ratio Directive. |