imported>Doug Williamson |
imported>Doug Williamson |
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| 1. ''Legal advisory services''.
| | The value of a currency in terms of real purchasing power. |
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| An external legal adviser, or firm of advisers, engaged to support a particular transaction.
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| | It is calculated by comparing the price of a hypothetical market basket of goods in two different countries, translated into the same currency at the prevailing exchange rate. |
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| :<span style="color:#4B0082">'''''Constructive legal counsels supported hardwired switch wording'''''</span>
| | It is useful in measuring the price competitiveness of domestic goods in international markets. |
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| :"Alongside its ESG core, the RCF was one of the first products of its kind to include hardwired switch wording to anticipate the discontinuation of LIBOR.
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| :In a market dominated by efforts to build contingencies against COVID-19, Ahold Delhaize faced challenges with encouraging its lenders to focus and align on that aspect of the deal.
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| :However, in light of the firm’s track record as a credible borrower with a clear IBOR reform plan, constructive legal counsels and a facility agent were able to accommodate the feature operationally."
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| :''ACT Deals of the Year Awards 2020 - Ahold Delhaize''
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| 2. ''Corporate organisations''.
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| A legally qualified and experienced employee who supports an organisation in its legal and regulatory affairs.
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| Formerly known more often as an in-house lawyer.
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| 3. ''Law firms''.
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| A senior member of a law firm, who is not a partner.
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| 4. ''Some jurisdictions.''
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| A lawyer who undertakes advocacy in court.
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| 5. ''Verb - wellbeing.''
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| To provide a talking therapy - counselling - that helps the client to find ways to deal with emotional problems.
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| == See also == | | == See also == |
| * [[Facility agent]] | | * [[Currency]] |
| * [[Fallback]] | | * [[Exchange rate]] |
| * [[Hardwired]]
| | * [[Real]] |
| * [[IBOR]]
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| * [[LIBOR]]
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| * [[Provision]]
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| * [[Rate switch]]
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| * [[Reference rate]]
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| * [[Revolving credit facility]] (RCF) | |
| * [[Risk-free rates]] (RFRs)
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| * [[Transition]]
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| * [[Transition risk]]
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| * [[Wellbeing]]
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| [[Category:Self_management_and_accountability]]
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| [[Category:Accounting,_tax_and_regulation]]
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| [[Category:The_business_context]]
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| [[Category:Identify_and_assess_risks]]
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| [[Category:Manage_risks]] | | [[Category:Manage_risks]] |
| [[Category:Risk_frameworks]]
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| [[Category:Risk_reporting]]
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The value of a currency in terms of real purchasing power.
It is calculated by comparing the price of a hypothetical market basket of goods in two different countries, translated into the same currency at the prevailing exchange rate.
It is useful in measuring the price competitiveness of domestic goods in international markets.
See also
