ISDA Master Agreement and Offset: Difference between pages
From ACT Wiki
(Difference between pages)
imported>Doug Williamson (Update links.) |
imported>Doug Williamson (Add link.) |
||
| Line 1: | Line 1: | ||
1. | |||
Ability to set assets against liabilities in multiple bank accounts. | |||
Also used in netting transactions. | |||
2. | |||
More generally, the right to reduce or eliminate a liability, by deducting the amount of a related asset. | |||
Most commonly, when the asset and liability are with the same counterparty. | |||
3. | |||
More generally still, the netting of any items, whether or not any positive action is needed to cause the netting. | |||
For example, the netting of inflation differentials and expected changes in spot foreign exchange rates under purchasing power parity theory. | |||
4. ''Environmental concerns''. | |||
Abbreviation for carbon offsetting. | |||
== See also == | == See also == | ||
* [[ | * [[Assets]] | ||
* [[ | * [[Carbon offsetting]] | ||
* [[ | * [[Counterparty]] | ||
* [[ | * [[Escrow]] | ||
* [[ | * [[Exchange rate]] | ||
* [[ | * [[Inflation]] | ||
* [[ | * [[Interest offset pooling]] | ||
* [[Liabilities]] | |||
* [[Netting]] | |||
* [[Open interest]] | |||
* [[Spot]] | |||
[[Category:Accounting,_tax_and_regulation]] | |||
[[Category:The_business_context]] | |||
[[Category:Compliance_and_audit]] | |||
[[Category:Ethics]] | |||
[[Category:Manage_risks]] | |||
[[Category:Risk_frameworks]] | |||
[[Category:Cash_management]] | |||
[[Category:Financial_products_and_markets]] | |||
[[Category:Liquidity_management]] | |||
Revision as of 21:56, 4 March 2022
1.
Ability to set assets against liabilities in multiple bank accounts.
Also used in netting transactions.
2.
More generally, the right to reduce or eliminate a liability, by deducting the amount of a related asset.
Most commonly, when the asset and liability are with the same counterparty.
3.
More generally still, the netting of any items, whether or not any positive action is needed to cause the netting.
For example, the netting of inflation differentials and expected changes in spot foreign exchange rates under purchasing power parity theory.
4. Environmental concerns.
Abbreviation for carbon offsetting.
