- the reduction of expenditures in order to become financially stable
- the temporal property of being cut short
- the act of withholding or withdrawing some book or writing from publication or circulation
- Working, healthy people contribute to the reduction of medical expenses, the rise of the eligible age for benefits, and the curtailment of their costs.
- Curtailment and settlements
- 111 A curtailment occurs when an entity either:
- the effect of plan amendments that reduce benefits for future service (a curtailment).
- When a plan amendment reduces benefits, only the effect of the reduction for future service is a curtailment.
- When this is the case, an entity accounts for a curtailment at the same time as for a related restructuring.
- Except in cases of force majeure, market participants who have been allocated capacity shall be compensated for any curtailment.
- Moreover, KBC will limit its expansion in the CEE-R to countries where it already has a significant presence which represents a curtailment of its prior expansion plans.
- Member States shall ensure that appropriate grid and market-related operational measures are taken in order to minimise the curtailment of electricity produced from renewable energy sources.
- The conditions shall not render impossible the access of applicants for asylum to a new procedure or result in the effective annulment or severe curtailment of such access.
- How are grid- and market-related operational measures taken in order to minimise the curtailment of electricity from renewable energy sources?
- Member States shall ensure that curtailment of supply in emergency situations shall be based on predefined criteria relating to the management of imbalances by transmission system operators.
- Transaction curtailment procedures shall only be used in emergency situations where the transmission system operator must act in an expeditious manner and re-dispatching or countertrading is not possible.
- as closely as possible to real time: aggregated realised commercial and physical flows, by market time unit, including a description of the effects of any corrective actions taken by the TSOs (such as curtailment) for solving network or system problems;
- A curtailment may arise from an isolated event, such as the closing of a plant, discontinuance of an operation or termination or suspension of a plan, or a reduction in the extent to which future salary increases are linked to the benefits payable for past service.