The policy instrument would automatically make such corrections when needed, by holding a portion of the annual emissions allowances in reserve, restricting the sale of those allowances when prices fall below
a certain predetermined level or levels.
Not exact matches
The only way for the mortgage holder to «default» was for the principal of the mortgage to reach a
certain,
predetermined level, but this was avoidable under
certain conditions — as long as home prices were rising like they were in the years leading up to the GFC, homeowners could refinance and avoid defaulting.
Support and Resistance is a concept that the movement of the price will tend to stop and reverse at
certain predetermined areas /
levels.
Movement above or below
certain levels is often prevented by a
predetermined floor and ceiling for a given rate.