Principal and Put: Difference between pages

From ACT Wiki
(Difference between pages)
Jump to navigationJump to search
imported>Doug Williamson
m (Additional sentence added to item 2 to bring in line with Glossary)
 
imported>Doug Williamson
(Create page. Sources: Linked pages.)
 
Line 1: Line 1:
1.  
1. ''Options.''


An individual or other legal person represented by an agent.
Put option.




2.  
2. ''Options.''


The amount of an investment or a loan, excluding any interest.
To exercise an embedded put option to sell a security back to its issuer.


When the whole of a loan is drawn down at the start, the principal is simply the amount originally borrowed.


:<span style="color:#4B0082">'''''Bonds in issue may be put following change of control'''''</span>


3.  
:"As part of the proposed all-share merger between Capital & Counties Properties plc and Shaftesbury plc announced in June 2022 and approved by shareholders in July 2022, Capital & Counties put in place a £576m backstop unsecured loan facility, provided by three banking partners, to support the redemption of all or part of the Shaftesbury Mortgage Bonds that may be put as a result of a change-of-control trigger."


The reference amount of a traded financial instrument, used to determine its future cashflows.
:''The Treasurer online, 4 April 2023 - ACT Deals of the Year 2022: Loans below £750m Highly commended.''
 
 
3.  ''Verb.''
 
To place.
 
As in ''put aside, put in place'' and the like.




== See also ==
== See also ==
* [[Acceleration]]
* [[Average effective maturity]]
* [[Agency]]
* [[Average nominal maturity]]
* [[Agent]]
* [[Backstop facility]]
* [[Coupon rate]]
* [[Bond]]
* [[Dual currency bond]]
* [[Central bank put]]
* [[Foreign currency bond]]
* [[Change of control put]]
* [[Forward forward contract]]
* [[Exercise]]
* [[Non-performing loan]]
* [[Greenspan put]]
* [[Paying agent]]
* [[Issuer]]
* [[Point]]
* [[Merger]]
* [[Self-financing loan]]
* [[Put call parity]]
* [[Put-call parity theory]]
* [[Put option]]
* [[Puttable]]
* [[Receivable put]]
* [[Redemption]]
* [[Security]]
* [[Trigger]]
* [[Unsecured]]
 
[[Category:The_business_context]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]
[[Category:Risk_reporting]]
[[Category:Financial_products_and_markets]]

Revision as of 23:50, 9 April 2023

1. Options.

Put option.


2. Options.

To exercise an embedded put option to sell a security back to its issuer.


Bonds in issue may be put following change of control
"As part of the proposed all-share merger between Capital & Counties Properties plc and Shaftesbury plc announced in June 2022 and approved by shareholders in July 2022, Capital & Counties put in place a £576m backstop unsecured loan facility, provided by three banking partners, to support the redemption of all or part of the Shaftesbury Mortgage Bonds that may be put as a result of a change-of-control trigger."
The Treasurer online, 4 April 2023 - ACT Deals of the Year 2022: Loans below £750m Highly commended.


3. Verb.

To place.

As in put aside, put in place and the like.


See also