Template:M summ 2002 ISDA Local Business Day: Difference between revisions

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-=== “General Business Day” and “Local Business Day” ===
-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:
-{{quote|
-{{ISDA Master Agreement 2002 General Business Day}} }}
-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.
-{{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:
-{{CSA transfer timing|csa}}

Latest revision as of 19:03, 22 May 2024