Template:Isda Preamble summ: Difference between revisions

Jump to navigation Jump to search
no edit summary
No edit summary
Tags: Mobile edit Mobile web edit
No edit summary
Line 1: Line 1:
Like all good stories, the ISDA starts with a {{ {{{1}}}|Preamble}}. Everyone, once, stares at that gnomic title and thinks, “okay, what the hell is ''this'' all about?”
Everyone, once, stares at that gnomic title and thinks, “okay, what the hell is ''this'' all about?”


The {{{{{1}}}|preamble}} is just the loosener before things get properly going, and there is not usually a lot to see, but a good writer sets the scene, lays some ground work and casually calls the reader’s attention to things that later will become important — the proverbial rifle above the fireplace that goes off in the third act. So it is with the ISDA — though that is where the similarities with Chekhov end. Before long, it will go full Dostoyevsky us.  
Like all good stories, the ISDA starts with a {{ {{{1}}}|Preamble}}. This is just the loosener before things really get going. There is not usually a lot to see in a preamble, but a good writer sets the scene, lays some groundwork and casually calls the reader’s attention to things that later will become important — the proverbial rifle hanging above the fireplace that goes off in the third act. So it is with the ISDA — though that is where the similarities with Chekhov end. Before long, it will go full Dostoyevsky on us.  
 
It has not changed a lot between the {{1992ma}} and the {{2002ma}} (nor indeed, from the {{1987ma}}, except that the {{isdaprov|Single Agreement}} clause got promoted from a casual remark during the warm-up, in the {{1987ma}}, to the first searching delivery of the first over by the {{1992ma}}.<ref>Cricket metaphor. To our American readers, we would say sorry, except that we are not. There will be cricket analogies throughout.</ref>


The {{isdama}} is the basic framework that applies to anyone who touches down on planet [[ISDA]].  
The {{isdama}} is the basic framework that applies to anyone who touches down on planet [[ISDA]].  

Navigation menu