Grant and IFEMA: Difference between pages

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imported>Doug Williamson
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imported>Doug Williamson
(Updated with replacement body for BBA.)
 
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1.  ''Verb.''
''Derivatives documentation''.


To create or transfer an interest in property.
The International Foreign Exchange Master Agreement for foreign exchange spot and forward transactions, originally published by the British Bankers' Association (BBA).


The interest in the property might be outright ownership, or a lesser interest such as a security right.


 
''(The former BBA functions are now undertaken by UK Finance.)''
2.  ''Noun.''
 
Funding that does not need to be repaid by the party receiving it.
 
 
:<span style="color:#4B0082">'''''Debts must be reduced'''''</span>
 
:"[corporate] debts must be reduced to match revised asset profiles.
 
:In this regard it is comforting to note that the French government is looking at converting €130bn of its crisis loans into grants.
 
:Quite what might happen in the UK, where there are credible predictions that over a third of the £76bn of COVID-19 support scheme loans will default, remains to be seen."
 
:''Nick Hood, senior adviser, Opus Business Services - The Treasurer, Issue 2, June 2021, p37''




== See also ==
== See also ==
* [[Charitable status]]
* [[Derivatives documentation]]
* [[Default]]
* [[Foreign exchange]]
* [[Negative pledge]]
* [[Forward]]
* [[Patent]]
* [[Spot]]
* [[Real option]]
* [[FEOMA]]
* [[Security]]
* [[FRABBA]]
* [[IBMA]]
* [[ICOM]]
* [[IFXCO]]
* [[ISDA]]
* [[UK Finance]]


[[Category:Accounting,_tax_and_regulation]]
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:Manage_risks]]

Revision as of 10:55, 8 November 2017

Derivatives documentation.

The International Foreign Exchange Master Agreement for foreign exchange spot and forward transactions, originally published by the British Bankers' Association (BBA).


(The former BBA functions are now undertaken by UK Finance.)


See also

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