83,056
edits
Close-out Amount - 1992 ISDA Provision: Difference between revisions
Close-out Amount - 1992 ISDA Provision (view source)
Revision as of 18:56, 2 March 2022
, 2 March 2022no edit summary
Amwelladmin (talk | contribs) (Created page with "{{manual|MI|1992|Market Quotation|Section|Close-out Amount|medium}}") |
Amwelladmin (talk | contribs) No edit summary |
||
| Line 1: | Line 1: | ||
{{ | {{a|isda|}}Now the dirty secret is that there ''isn’t'' a “Close-out Amount” as such under a {{1992ma}} but, in places, on this wiki we’ll refer to one, because it is better, more elegant, more stylish prose than “the amount determined following early termination of a {{isdaprov|Terminated Transaction}} using {{isdaprov|Market Quotation}} or {{isdaprov|Loss}} ([[as the case may be]]) and the {{isdaprov|Second Method}}, seeing as no-one in their right mind would agree to the {{isdaprov|First Method}}, under the {{1992ma}}”. | ||