83,539
edits
Extraordinary Dividend - Equity Derivatives Provision: Difference between revisions
Jump to navigation
Jump to search
Extraordinary Dividend - Equity Derivatives Provision (view source)
Revision as of 10:45, 4 September 2018
, 4 September 2018no edit summary
Amwelladmin (talk | contribs) No edit summary |
Amwelladmin (talk | contribs) No edit summary |
||
| Line 4: | Line 4: | ||
Of course, the point about an {{eqderivprov|Extraordinary Dividend}} is that it is ''extraordinary''. Out of the ordinary; off the beaten track; beyond the mortal comprehension, and powers of prediction, not just of the sainted ISDA drafting committee, but of those poor saps, too, grinding out your equity derivative trade confirms in some mice-invested operations depot in suburban Almaty. How are ''they'' supposed to know what an {{eqderivprov|Extraordinary Dividend}} is? | Of course, the point about an {{eqderivprov|Extraordinary Dividend}} is that it is ''extraordinary''. Out of the ordinary; off the beaten track; beyond the mortal comprehension, and powers of prediction, not just of the sainted ISDA drafting committee, but of those poor saps, too, grinding out your equity derivative trade confirms in some mice-invested operations depot in suburban Almaty. How are ''they'' supposed to know what an {{eqderivprov|Extraordinary Dividend}} is? | ||
But look on the bright side: “{{eqderivprov|Dividend}}” is not defined in the {{eqderivdefs}} at all!<ref>Try “{{eqderivprov|Dividend Amount}}”, which refers to a | But look on the bright side: “{{eqderivprov|Dividend}}” is not defined in the {{eqderivdefs}} ''at all!''<ref>Try “{{eqderivprov|Dividend Amount}}”, which refers to a “gross cash dividend” without further elaborating on what that might be.</ref> | ||
Anyway, the definition boils down, as best as I can fathom, to this: | Anyway, the definition boils down, as best as I can fathom, to this: | ||