Headline: Difference between revisions

From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson
(Create page. Sources: Linked pages.)
 
imported>Doug Williamson
(Add link.)
 
(One intermediate revision by the same user not shown)
Line 3: Line 3:
A financial amount - or any piece of information - given prominence by convention or by design, that needs additional context, or adjustment, to provide a fuller or more meaningful description.
A financial amount - or any piece of information - given prominence by convention or by design, that needs additional context, or adjustment, to provide a fuller or more meaningful description.


For example, headline nominal annual rates of return are not always fully comparable.
For example, headline ''nominal annual rates'' of return are not always fully comparable.


They would need to be restated onto a more comparable basis, such as the effective annual rate.
They would need to be restated onto a more comparable basis, such as the ''effective annual rate''.




Line 32: Line 32:
* [[Non-financial counterparty]]  (NFC)
* [[Non-financial counterparty]]  (NFC)
* [[Over the counter]]  (OTC)
* [[Over the counter]]  (OTC)
* [[Stealth tax]]
* [[Underlying ]]
* [[Underlying ]]


[[Category:Accounting,_tax_and_regulation]]
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:The_business_context]]

Latest revision as of 19:58, 10 July 2022

1. Items needing context.

A financial amount - or any piece of information - given prominence by convention or by design, that needs additional context, or adjustment, to provide a fuller or more meaningful description.

For example, headline nominal annual rates of return are not always fully comparable.

They would need to be restated onto a more comparable basis, such as the effective annual rate.


2. Items rightly given prominence.

A piece of information rightly selected and given prominence, being the most important detail for most users of the information.


EMIR - central counterparty clearing of OTC derivatives
"The headline EMIR obligation [is] that all standardised OTC derivatives between certain parties (broadly, FCs and NFCs that have exceeded the clearing threshold) should be cleared through central counterparties."
Derivatives documentation - the Treasurer's Wiki.


See also