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	==The three aims of an ISDA==		==The three aims of an ISDA==
	~~The~~ [[ISDA Master Agreement]] is a framework under which two “[[counterparties]]” can transact [[over-the-counter]] derivatives — mainly, but not only, [[Swap\|swaps]]. Besides its original appeal as an [[easance]], the ISDA has three main aims: it is a [[relationship contract]]; a [[Credit risk mitigation\|credit risk management tool]], and — for those who need it — a capital optimisation tool.		{{drop\|T\|he [[ISDA Master Agreement]]}} is a framework under which two “[[counterparties]]” can transact [[over-the-counter]] derivatives — mainly, but not only, [[Swap\|swaps]]. Besides its original appeal as an [[easance]], the ISDA has three main aims: it is a [[relationship contract]]; a [[Credit risk mitigation\|credit risk management tool]], and — for those who need it — a capital optimisation tool.