Transfer Amount - VM CSA Provision

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A term the JC made up to substitute for “the Delivery Amount (VM) and/or Return Amount (VM), as the case may for the time being be”.

Don’t thank the JC: thank ISDA’s crack drafting squad™ for giving the JC the opportunity to come up with such a wonderful affordance, to make the world a better place. As with so much on this wiki, it would not have been possible without those wily old torturers on hand to crucify the innocent, peace-loving and ordinarily elegant English language, allowing old Don Quixote here to come tilting in to on his charger to sort these old windbags[1] out.

See also

References

  1. Windmills, surely? — Ed.