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Template:Business day conventions: Difference between revisions
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Revision as of 10:43, 19 September 2019
, 19 September 2019→Business day conventions for your reading pleasure
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===[[Business day convention]]s for your reading pleasure=== | ===[[Business day convention]]s for your reading pleasure=== | ||
*'''[[No adjustment business day convention]]''': The keep calm and carry on option: non- | *'''[[No adjustment business day convention]]''': The keep-calm-and-carry-on option: ignore non-work days of any kind. Cashflows due on non-workdays are assumed to be distributed on the actual date. | ||
*'''[[Previous business day convention]]''': Back to the day before: Cashflows falling on non-workdays are assumed to be distributed on the '''[[previous]]''' [[business day]]. | *'''[[Previous business day convention]]''': Back to the day before: Cashflows falling on non-workdays are assumed to be distributed on the '''[[previous]]''' [[business day]]. | ||
*'''[[Following business day convention]]''': Cashflows falling on a non-workday are assumed to be distributed on the '''[[next]]''' [[business day]]. | *'''[[Following business day convention]]''': Cashflows falling on a non-workday are assumed to be distributed on the '''[[next]]''' [[business day]]. | ||