Calculation Agent: Difference between revisions

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{{a|isda|{{image|Calculation Agent|png|''Secret Co-Calculation Agent Georgie Esterman'', {{vsr|1953}}}}}}{{d|Calculation Agent||n}}One who ''calculates'' things on behalf of contracting counterparties. In theory, under any kind of contract, but in practice, mainly in the ISDA extended fan-fiction universe, and in the documentation of bonds. To be fruitlessly compared and contrasted with a ''[[determination agent]]'', who ''determines'' things on behalf of contracting counterparties.
{{a|isda|{{image|Calculation Agent|png|''Secret Co-Calculation Agent Georgie Esterman'', {{vsr|1953}}}}}}{{d|Calculation Agent|/ˌkælkjʊˈleɪʃən ˈeɪʤənt/|n}}One who ''calculates'' things on behalf of contracting counterparties. In theory, under any kind of contract, but in practice, mainly in the ISDA extended fan-fiction universe, and in the documentation of bonds. To be fruitlessly compared and contrasted with a ''[[determination agent]]'', who ''determines'' things on behalf of contracting counterparties.


Do “calculation” and “determination” differ? Not as far as this correspondent can see.  But that won't stop [[legal eagle|over-enthusiastic members of the bar]] waxing lengthily about how they do.<ref>Pedants will note the different roles played by the {{eqderivprov|Calculation Agent}} and the {{eqderivprov|Determining Party}} in the {{eqdefs}}.</ref>
Do “calculation” and “determination” differ? Not as far as this correspondent can see.  But that won't stop [[legal eagle|over-enthusiastic members of the bar]] waxing lengthily about how they do.<ref>Pedants will note the different roles played by the {{eqderivprov|Calculation Agent}} and the {{eqderivprov|Determining Party}} in the {{eqdefs}}.</ref>

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