Template:M comp disc 2002 ISDA 14

The basic definitions that propel and power the ISDA Master Agreement. There are a lot more definitions in the definitions section of the 2002 ISDA, but part of that is that it helpfully cross-references terms that are defined in the body of the Agreement, whereas the 1992 ISDA does not. Accounting for those, here is a quick table of ins and outs:

Defined terms that are unique to the 1992 ISDA and 2002 ISDA

1992 ISDA

2002 ISDA

Applicable Rate Default Rate Loss Market Quotation Reference Market-makers Scheduled Payment Date Settlement Amount

Additional Representation Applicable Close-out Rate Applicable Deferral Rate Close-out Amount Convention Court Designated Event Determining Party Early Termination Amount electronic messages English law Force Majeure Event General Business Day Local Delivery Day Multiple Transaction Payment Netting Non-affected Party Other Amounts Payee Payer Scheduled Settlement Date Stamp Tax Jurisdiction Waiting Period