Credit break: Difference between revisions
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== See also == | == See also == | ||
* [[Break clause]] | * [[Break clause]] | ||
* [[Creditworthiness]] | |||
* [[Derivative instrument]] | |||
* [[Mutual break]] | * [[Mutual break]] | ||
Revision as of 21:44, 20 November 2016
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.