From The Jolly Contrarian
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| === General Business Day and ~ ===
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| The defined term {{isdaprov|General Business Day}} appears in only one place in the {{isdama}}: the definition of {{isdaprov|Local Business Day}}. It is this:
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| {{quote|
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| {{ISDA Master Agreement 2002 General Business Day}} }}
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| Thereby, a short definition used to prop up a longer one. You might think “business day” is kind of a clear-enough, well understood-enough term that it shouldn’t ''need'' to be defined at all, but that is not how {{icds}} operates.
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| {{csaprov|Local Business Day}} is also defined in the {{csa}} (and its successors, dependents, friends and relations), as it the related term {{csaprov|Regular Settlement Day}}. Which makes for fun, as we shall see:
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| {{CSA transfer timing|csa}}
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Latest revision as of 19:03, 22 May 2024