Determination agent
(Redirected from Determination Agent)
One who determines things on behalf of contracting counterparties. To be compared and contrasted with a calculation agent, who calculates things on behalf of contracting counterparties.
Do “calculation” and “determination” differ?
Not as far as this correspondent can see. But that won't stop over-enthusiastic members of the bar waxing lengthily about how they do. Note the different roles played by the Calculation Agent and the Determination Agent in the Equity Derivatives Definitions.