What does FROB mean?
Definitions for FROB
frob
This dictionary definitions page includes all the possible meanings, example usage and translations of the word FROB.
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Wiktionary
frobnoun
Any small device or object (usually hand-sized) which can be manipulated.
frobverb
To manipulate objects considered to be frobs.
Etymology: It was adopted by the community of computer programmers which grew out of the MIT Tech Model Railroad Club in the 1950s, and allegedly among the oldest existing words in hacker jargon.
Wikipedia
frob
FROB, the Spanish Executive Resolution Authority (formerly known as Fund for Orderly Bank Restructuring) is an entity of the Spanish government that manages the resolution processes of credit institutions and investment firms in their executive phase in Spain. FROB was created in 2009 as a result of the financial crisis. Initially, its aim was to increase the strength and solvency of the Spanish banking system by means of two essential functions at that time: managing the restructuring processes of credit institutions and helping to strengthen their own funds. Today, and since the approval of Law 11/2015, FROB is the Spanish Executive Resolution Authority, financed exclusively with private contributions from banks and which is integrated into the European network of authorities led by the Single Resolution Board (SRB). Law 11/2015 set up a new institutional framework in order to comply with the principles set out in Resolution Directive 2014/59/EU to separate supervisory and resolution functions and led to a transformation in the organisational structure, governance and functions of FROB. From an operational perspective, in this new stage, FROB continues to be responsible for completion of the restructuring process in progress, which nowadays basically includes monitoring the holdings in BFA-Bankia and Sareb, as well as the guarantees granted in previous sale processes. However, this activity coexists with its new functions as executive resolution authority within the European SRM and cooperating with other Spanish preventive authorities (Bank of Spain and the National Securities Market Commission, CNMV), within Spain’s institutional framework. The SRM is a centralised resolution system made up of the national resolution authorities and a single authority - the Single Resolution Board (SRB) - the European agency to which many of the powers of the Member States in matters of resolution were transferred. These authorities are joined by the European Central Bank (ECB), the European Commission and the Council in the terms established in the SRM Regulation. Similarly, the SRM has a Single Resolution Fund (SRF) that is raised and managed by the SRB with contributions from all the entities of the Banking Union to be used in the case of resolution.
The New Hacker's Dictionary
frob
1. n. [MIT; very common] The TMRC definition was “FROB = a protruding arm or trunnion”; by metaphoric extension, a frob is any random small thing; an object that you can comfortably hold in one hand; something you can frob (sense 2). See frobnitz. 2. vt. Abbreviated form of frobnicate. 3. [from the MUD world] A command on some MUDs that changes a player's experience level (this can be used to make wizards); also, to request wizard privileges on the ‘professional courtesy’ grounds that one is a wizard elsewhere. The command is actually ‘frobnicate’ but is universally abbreviated to the shorter form.
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FROB
What does FROB stand for? -- Explore the various meanings for the FROB acronym on the Abbreviations.com website.
Numerology
Chaldean Numerology
The numerical value of FROB in Chaldean Numerology is: 1
Pythagorean Numerology
The numerical value of FROB in Pythagorean Numerology is: 5
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"FROB." Definitions.net. STANDS4 LLC, 2024. Web. 25 Apr. 2024. <https://www.definitions.net/definition/FROB>.
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