View source for Template:Csa 2(b) summ

===Calculating {{prov|Delivery Amount}}s and {{prov|Return Amount}}s===
====Differences between {{csa}} and {{vmcsa}}====
Note that under a {{vmcsa}} there is no {{csaprov|Independent Amount}} or {{csaprov|Threshold}}, so there is no need for a {{csaprov|Credit Support Amount}} (which is {{csaprov|Exposure}} adjusted by applicable {{csaprov|Independent Amount}}s and {{csaprov|Threshold}}s) — everything keys off the plain old {{vmcsaprov|Exposure}}. 

Unless, that is, you have retrofitted your {{vmcsa}} to include {{vmcsaprov|Independent Amount}}s. The below assumes you ''have'' done that. Because some genius in your [[credit department]] will have decided this is really important. If you ''haven’t'', it is a bit easier: just substitute “{{csaprov|Credit Support Amount}}” for “{{vmcsaprov|Exposure}}”. For more on this stimulating topic, see {{vmcsaprov|Credit Support Amount (VM/IA)}}.
===={{prov|Delivery Amount}}s====
'''First''': work out your '''{{prov|Credit Support Amount}}'''. This is: <br>
:''{{prov|Transferee}}’s {{prov|Exposure}} + Net {{prov|Independent Amount}}s (IF ANY)<ref>In the {{2016csa}} there really shouldn’t be {{tag|IA}} as it kind of defeats the regulatory goal of marking actual exposures to market, but there may be, since ISDA caved and retrofitted the {{2016csa}} with a an {{vmcsaprov|Independent Amount}} section</ref>'' <br>
'''Second''': calculate the {{prov|Value}} of the {{prov|Transferor}}’s {{prov|Credit Support Balance}}. This is basically the prevailing value of the {{prov|Eligible Credit Support}} (and income on it) that the {{prov|Transferor}} has ponied up at that time. <br>
'''Third''': Deduct the {{prov|Credit Support Balance}} from the {{prov|Credit Support Amount}}. 
'''Fourth''': If the difference from the sum you did in (3):
:is  ''less'' than zero, KEEP QUIET. If you are lucky, the other guy won’t ask ''you'' for a {{prov|Return Amount}}.
:is ''more'' than zero but ''less'' than the {{prov|Minimum Transfer Amount}}, also KEEP QUIET. No {{prov|Delivery Amount}} for you today, because you haven’t exceeded the {{prov|Minimum Transfer Amount}}, so you are not entitled to one.
:is ''more'' than the {{prov|Minimum Transfer Amount}} you can demand the ''whole'' amount (I.e., not just the bit over the {{prov|MTA}}).
===={{prov|Return Amount}}s====
Basically the converse of a {{prov|Delivery Amount}}. In this case you deduct the {{prov|Credit Support Amount}} from the {{prov|Credit Support Balance}}. 
{{in-flight credit support|}}

====Picturesque speech====
''Bonus learning for free: In arithmetic, a sum being ''subtracted'' is the “[[subtrahend]]” and the sum it is being subtracted from is the “[[minuend]]”.'' <br>