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RBA Glossary definition for Designation

Designation – The formal notification of action taken to exercise powers conferred by legislation.

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Asset Prices and Monetary Policy

10 Nov 2003 Bulletin – November 2003
While most conference participants thought that any definition of a bubble is highly subjective, most concurred with the designation of the three Australian episodes as bubbles.
https://www.rba.gov.au/publications/bulletin/2003/nov/2.html