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Cross default: Difference between revisions
→Compare and contrast
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===Compare and contrast=== | ===Compare and contrast=== | ||
*'''[[Default under specified transaction]]''': Like cross default, but just between you and me; | *'''[[Default under specified transaction]]''': Like cross default, but just between you and me, on [[derivative]] transactions and without a {{isdaprov|Threshold Amount}}; | ||
*'''[[Cross acceleration]]''': like cross default, only for a kinder, gentler world. | *'''[[Cross acceleration]]''': like [[cross default]], only for a kinder, gentler world where people wait for indebtedness to be actually [[accelerated]] before closing out their exposures. | ||
==History== | ==History== | ||