Credit break: Difference between revisions
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imported>Doug Williamson (Add link to Mutual break page.) |
imported>Doug Williamson m (Added 1 line space before see also and category added) |
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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. | 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. | ||
== See also == | == See also == | ||
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* [[Mutual break]] | * [[Mutual break]] | ||
[[Category: | [[Category:Treasury_operations_infrastructure]] | ||
[[Category: | [[Category:Manage_risks]] | ||
[[Category:Risk_frameworks]] | |||
Revision as of 09:04, 7 April 2014
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.
