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1. | 1. ''Contract law.'' | ||
''Contract law.'' | |||
A part of | A term is a part of a contract which may be either: | ||
(i) A condition; | |||
(ii) A warranty; or | (i) A condition; <br> | ||
(ii) A warranty; or <br> | |||
(iii) An innominate term. | (iii) An innominate term. | ||
Contract terms may be express terms or implied terms. | Contract terms may be express terms or implied terms. | ||
2. | 2. | ||
The time before maturity. | The time before maturity. | ||
Also known as the Tenor. | Also known as the Tenor. | ||
3. ''Interest rate quotation.'' | |||
In relation to interest rates, a 'term' rate refers to maturities longer than overnight. | |||
4. | |||
A period within a floating rate loan's total maturity, for which an interest rate is fixed at the start of that period. | |||
5. ''Financial maths.'' | |||
An item in a mathematical expression. | |||
For example, an error term. | |||
== See also == | == See also == | ||
* [[Clause]] | |||
* [[Condition]] | * [[Condition]] | ||
* [[ | * [[Contingent Term Repo Facility]] | ||
* [[ | * [[Error term]] | ||
* [[Express term]] | * [[Express term]] | ||
* [[Fixed term fund]] | |||
* [[Implied term]] | * [[Implied term]] | ||
* [[Innominate term]] | |||
* [[Long term contracts]] | |||
* [[Long term foreign exchange]] | |||
* [[Longer term]] | |||
* [[Medium term notes]] (MTNs) | |||
* [[Provision]] | |||
* [[Puff]] | |||
* [[Short term]] | |||
* [[Sight]] | |||
* [[SOFR term rate]] | |||
* [[Term debt]] | |||
* [[Term deposits]] | |||
* [[Term fixing]] | |||
* [[Term letter of credit]] | |||
* [[Term loan]] | |||
* [[Term out]] | |||
* [[Term premium]] | |||
* [[Term rate]] | |||
* [[Term sheet]] | |||
* [[Term SONIA reference rate]] | |||
* [[Term structure of interest rates]] | |||
* [[Warranty]] | |||
[[Category:Compliance_and_audit]] | |||
Latest revision as of 12:43, 27 October 2022
1. Contract law.
A term is a part of a contract which may be either:
(i) A condition;
(ii) A warranty; or
(iii) An innominate term.
Contract terms may be express terms or implied terms.
2.
The time before maturity.
Also known as the Tenor.
3. Interest rate quotation.
In relation to interest rates, a 'term' rate refers to maturities longer than overnight.
4.
A period within a floating rate loan's total maturity, for which an interest rate is fixed at the start of that period.
5. Financial maths.
An item in a mathematical expression.
For example, an error term.
See also
- Clause
- Condition
- Contingent Term Repo Facility
- Error term
- Express term
- Fixed term fund
- Implied term
- Innominate term
- Long term contracts
- Long term foreign exchange
- Longer term
- Medium term notes (MTNs)
- Provision
- Puff
- Short term
- Sight
- SOFR term rate
- Term debt
- Term deposits
- Term fixing
- Term letter of credit
- Term loan
- Term out
- Term premium
- Term rate
- Term sheet
- Term SONIA reference rate
- Term structure of interest rates
- Warranty
