Haircut: Difference between revisions

From The Jolly Contrarian
Jump to navigation Jump to search
No edit summary
No edit summary
 
Line 1: Line 1:
{{g}}In {{isda}} parlance, the Valuation Percentage applied to posted {{csaprov|Credit Support Obligations}}. In the world of {{tag|stock lending}}, it's the “{{gmslaprov|Margin}}” percentage of {{gmslaprov|Collateral}}, even though {{gmslaprov|Margin}} is a particularly bad word for it.
{{g}}In {{isda}} parlance, the Valuation Percentage applied to posted {{csaprov|Credit Support Obligations}}. In the world of {{tag|stock lending}}, it’s the “{{gmslaprov|Margin}}” percentage of {{gmslaprov|Collateral}}, even though {{gmslaprov|Margin}} is a particularly bad word for it.


Not to be confused with [[initial margin]] or an {{csaprov|Independent Amount}}.
Not to be confused with [[initial margin]] or an {{csaprov|Independent Amount}}.

Latest revision as of 19:21, 23 February 2020

The Jolly Contrarian’s Glossary
The snippy guide to financial services lingo.™


Index — Click the ᐅ to expand:

Comments? Questions? Suggestions? Requests? Insults? We’d love to 📧 hear from you.
Sign up for our newsletter.

In ISDA parlance, the Valuation Percentage applied to posted Credit Support Obligations. In the world of stock lending, it’s the “Margin” percentage of Collateral, even though Margin is a particularly bad word for it.

Not to be confused with initial margin or an Independent Amount.

See also