Mutual break: Difference between revisions
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imported>Doug Williamson (Create the page. Source: The Treasurer, April 2014, p35.) |
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Revision as of 18:22, 6 April 2014
A mutual break is a break clause in a derivatives contract which provides for the release of both of the parties from further obligations under the contract, following the occurrence of a relevant event, such as decline in the creditworthiness of one of the parties.
