Constant net asset value and Credit break: Difference between pages
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A credit break is a break clause in a derivatives contract which provides for the release of one or both of the parties from further obligations under the contract, following a deterioration in the creditworthiness of one of the parties. | |||
== See also == | == See also == | ||
* [[ | * [[Break clause]] | ||
* [[ | * [[Mutual break]] | ||
[[Category:Treasury_operations_infrastructure]] | |||
[[Category:Manage_risks]] | |||
[[Category:Risk_frameworks]] | |||
Revision as of 09:04, 7 April 2014
A credit break is a break clause in a derivatives contract which provides for the release of one or both of the parties from further obligations under the contract, following a deterioration in the creditworthiness of one of the parties.
