Credit support
A word about credit risk mitigation
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A generic expression for guarantees, letters of credit, and other miscellaneous, divers and weird & wonderful collateral arrangements one puts in place to mitigate the credit exposure one takes to ones counterparty entering into derivatives and other capital markets trading arrangements.
But not English law Credit Support Annexes.
See also
- Credit Support Document under the ISDA Master Agreement
- Financial Collateral Directive
- Guarantee
- Letter of credit
- Credit Support Annex - the ISDA document for transferring credit support