Beneficiary and Collateral manager: Difference between pages

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imported>Doug Williamson
(Add definition. Source: Linked pages)
 
imported>Doug Williamson
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1.


A person or company to whom money is paid.
A party to an over-the-counter (OTC) derivatives transaction - such as an interest rate swap (IRS) or credit default swap (CDS) - responsible for moving collateral assets on behalf of the principals to the transaction.
 
Also known as a payee.




2.
2.


The party that is named by the grantor, settler or creator of a trust and is entitled, according to the terms in the respective trust deed, the benefit from the revenues of the trust.
A party with similar responsibilities under other transactions or arrangements.
 
 
3.
 
A party that benefits from a will.




== See also ==
== See also ==
* [[Beneficial owner]]
* [[Calculation agent]]
* [[Deduct from beneficiary]]
* [[Collateral]]
* [[Settlor]]
* [[Credit default swap]]
* [[Testator]]
* [[Credit support annex]]
* [[Trust]]
* [[GFMA]]
* [[Trust deed]]
* [[Interest rate swap]]
* [[International Swaps and Derivatives Association]]
* [[ISDA/IIFM Tahawwut Master Agreement]]
* [[Over the counter]]
* [[Principal]]
* [[Valuation agent]]


[[Category:Accounting,_tax_and_regulation]]
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:The_business_context]]
[[Category:Compliance_and_audit]]
[[Category:Ethics]]
[[Category:Identify_and_assess_risks]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]
[[Category:Risk_reporting]]
[[Category:Financial_products_and_markets]]
[[Category:Financial_products_and_markets]]

Revision as of 22:15, 19 December 2019

1.

A party to an over-the-counter (OTC) derivatives transaction - such as an interest rate swap (IRS) or credit default swap (CDS) - responsible for moving collateral assets on behalf of the principals to the transaction.


2.

A party with similar responsibilities under other transactions or arrangements.


See also