Pre-cessation and Prepayment: Difference between pages

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imported>Doug Williamson
(Create page - source - ACT Slaughter & May Borrower's Guide to the LMA Investment Grade Agreements.)
 
imported>Doug Williamson
(Create the page. Sources: linked pages.)
 
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''Interest rates - reference rates''.
1. ''Banking''.
 
The non-contractual early repayment by bank customers of, for example, fixed rate mortgages.
 
 
2. ''Accounting''.
 
An amount paid in advance for a financial benefit, represented by an asset in the organisation's balance sheet.


In the context of reference rates, the date on which a supervisor declares that the rate is no longer representative of the underlying market - or economic reality - that it is intended to represent.




== See also ==
== See also ==
* [[Amendment approach]]
* [[Extension risk]]
* [[Benchmark]]
* [[Prepayment risk]]
* [[Bloomberg Index Services Limited]]  (BISL)
* [[Prepayments]]
* [[Credit adjustment spread]]  (CAS)
* [[Derivative instrument]]
* [[Fallback]]
* [[Interest rate]]
* [[International Swaps and Derivatives Association]]  (ISDA)
* [[LIBOR]]
* [[Reference rate]]
* [[Risk-free rates]] (RFR)
* [[Supervisor]]
 
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:Investment]]
[[Category:Long_term_funding]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]
[[Category:Cash_management]]
[[Category:Financial_products_and_markets]]
[[Category:Liquidity_management]]

Revision as of 20:15, 30 October 2016

1. Banking.

The non-contractual early repayment by bank customers of, for example, fixed rate mortgages.


2. Accounting.

An amount paid in advance for a financial benefit, represented by an asset in the organisation's balance sheet.


See also