Loss-sharing rule

From ACT Wiki
Jump to navigationJump to search
The printable version is no longer supported and may have rendering errors. Please update your browser bookmarks and please use the default browser print function instead.

An agreement between participants in a transfer system or clearing house arrangement regarding the allocation of any loss arising when one or more participants fail to fulfil their obligation.

The arrangement stipulates how the loss will be shared among the parties concerned in the event that the agreement is activated.


Also known as a Loss-sharing agreement.


See also