Credit break: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson m (Added 1 line space before see also and category added) |
imported>Doug Williamson (Add link.) |
||
(One intermediate revision by the same user not shown) | |||
Line 4: | Line 4: | ||
== See also == | == See also == | ||
* [[Break clause]] | * [[Break clause]] | ||
* [[Credit]] | |||
* [[Creditworthiness]] | |||
* [[Derivative instrument]] | |||
* [[Mutual break]] | * [[Mutual break]] | ||
[[Category:Manage_risks]] | [[Category:Manage_risks]] | ||
[[Category:Risk_frameworks]] | [[Category:Risk_frameworks]] | ||
[[Category:Treasury_operations_infrastructure]] |
Latest revision as of 11:57, 6 July 2022
A credit break is a break clause in a derivatives contract which provides for the release of one or both of the parties from further obligations under the contract, following a deterioration in the creditworthiness of one of the parties.