Difference between revisions of "Ratchet"

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(Create the page to align with qualifications material.)
 
(Link with Credit rating page.)
 
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Also known as a 'pricing grid'.
 
Also known as a 'pricing grid'.
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== See also ==
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* [[Credit rating]]

Latest revision as of 17:47, 25 July 2015

A clause in a loan document which links the pricing of the borrowing to the credit rating of the borrower.

Also known as a 'pricing grid'.


See also