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Loss - 1992 ISDA Provision: Difference between revisions
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{{isdaprov|Loss}} is a means of valuing {{isdaprov|Transactions}} following their {{isdaprov|Early Termination}} under the {{1992isda}}. Spoddy point: the definition of {{isdaprov|Loss}} in the {{1992ma}} ''includes'' the “{{isdaprov|Unpaid Amount}}” concept in its definition: “{{isdaprov|Loss}} includes losses and costs (or gains) in respect of any payment or delivery required to have been made (assuming satisfaction of each applicable condition precedent) on or before the relevant {{isdaprov|Early Termination Date}} and not made...” | {{isdaprov|Loss}} is a means of valuing {{isdaprov|Transactions}} following their {{isdaprov|Early Termination}} under the {{1992isda}}. Spoddy point: the definition of {{isdaprov|Loss}} in the {{1992ma}} ''includes'' the “{{isdaprov|Unpaid Amount}}” concept in its definition: “{{isdaprov|Loss}} includes losses and costs (or gains) in respect of any payment or delivery required to have been made (assuming satisfaction of each applicable condition precedent) on or before the relevant {{isdaprov|Early Termination Date}} and not made...” | ||
===Loss no more=== | |||
Under the {{2002isda}} it (and {{isdaprov|Market Quotation}}) was superseded by the better concept of the {{isdaprov|Close-out Amount}}. | Under the {{2002isda}} it (and {{isdaprov|Market Quotation}}) was superseded by the better concept of the {{isdaprov|Close-out Amount}}. | ||
{{sa}} | |||
{{ | |||
*{{isdaprov|Market Quotation}} | *{{isdaprov|Market Quotation}} | ||
*{{isdaprov|Close-out Amount}} | *{{isdaprov|Close-out Amount}} | ||
*{{isia}} | *{{isia}} | ||