Translation of "single-valued term " (English → French) :

the annual effective rate, calculated as the single discount rate that, where applied to the cash flows of the portfolio of admissible insurance and reinsurance obligations, results in a value that is equal to the value of the best estimate of the portfolio of admissible insurance and reinsurance obligations where the time value of money is taken into account using the relevant risk-free interest rate term structure referred to in Article 77(2).

The term "single test result" means the value obtained when the standardised test method is applied fully once to a single sample.

The term ‘single test result’ means the value obtained when the standardised test method is applied fully once to a single sample.

The term "single test result" means the value obtained when the standardised test method is applied fully once to a single sample.

The 260 articles of the code will incorporate all the provisions of Community law applicable to trade with non-member countries, such as the terms of application of the Common Customs Tariff, the rules on origin and customs value, and customs procedures with economic impact; - to perfect the customs mechanisms of the common policies; - to bring in, gradually, Community provisions for penalties to ensure that businesses receive equal treatment in the single market (b) The reorganization of customs services, training and cooperation In operational terms, national administrative structures will have to be adjusted to customs union's new r ...[+++]ole: a role centred on the external frontier and trade with non-member countries.

This view receives wide support from business sources; - as regards the opening-up of public procurement, many companies have won new contracts following the entry into force of the Community legislation but delays in transposal and inadequate enforcement of the legislation by the Member States are still causing major difficulties in some cases; - the removal of tax barriers: most companies trading across frontiers find the current value-added-tax regime has brought them considerable savings in terms of a reduction in transport costs, abolition of the pre-payment of VAT on intra-Community imports and elimination of the costs of complet ...[+++]ing customs formalities. 2. Shortcomings in the operation of the single market - delays in transposal and differences in the interpretation of Community rules at national level (particularly serious in the fields of public procurement, intellectual property, advanced technologies and services, and general product safety); - the apparent persistence of technical barriers to trade, especially those resulting from the failure by national authorities to observe the principle of mutual recognition of national legislation in areas that have not been harmonized (problems have been noted with regard to road vehicles, foodstuffs and pharmaceuticals in particular); - difficulties faced by individuals and businesses in obtaining redress.