(but need not): Difference between revisions
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{{a| | {{a|banned|}}Banned. | ||
As in “The Calculation Agent may (but need not) determine the appropriate correction or repayment, if any”. Popular amongst combat veterans members of {{icds}}. | |||
Useful for those who are not entirely sure of the meaning of the world "may", or the concept of a [[discretion]]. | Useful for those who are not entirely sure of the meaning of the world "may", or the concept of a [[discretion]]. | ||
Revision as of 09:02, 17 December 2022
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The JC’s Unmentionables™
Expressions our subeditor would strike from your copy — if we had a subeditor, and you submitted copy.
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Banned.
As in “The Calculation Agent may (but need not) determine the appropriate correction or repayment, if any”. Popular amongst combat veterans members of ISDA’s crack drafting squad™.
Useful for those who are not entirely sure of the meaning of the world "may", or the concept of a discretion.