Default and EVIA: Difference between pages

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imported>Doug Williamson
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imported>Doug Williamson
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1. ''Contract.''
The European Venues and Intermediaries Association, formerly known as the Wholesale Markets Brokers Association (WMBA).


Failure to honour the terms of an agreement.


For example, failure to honour the terms of a loan agreement, or an obligation under a futures contract.
==See also==
 
* [[European Venues and Intermediaries Association]]
 
2. ''Borrowing and lending - documentation.''
 
In borrowing and lending, default clauses are the part of the documentation that protect the investor (lender).
 
Accordingly default clauses are incorporated into loan agreements and bond indentures.
 
 
Examples of default by a borrower include failure to pay interest or principal on time, and breaching a covenant.
 
 
3. ''Other obligations - tax compliance.''
 
More broadly, any failure to fulfil an obligation.
 
For example, late delivery of a tax return under the applicable tax compliance regime.
 
 
4. ''Systems design - behavioural economics - decision making''.
 
'By default', or a 'default position', means a choice or determination that is made, when no other positive decision or initiative has been taken.
 
 
:<span style="color:#4B0082">'''''Taxation in Qatar'''''</span>
 
:"There are two separate tax regimes in operation in Qatar and an entity is under the remit of only one regime.
 
:By default an entity is under the State of Qatar regime.
 
:Alternatively, an entity is under the remit of the Qatar Financial Centre (QFC) regime if the entity is licensed with the QFC."
 
:''Qatar - the Treasurer's Wiki''
 
 
Another example of a default position is the cognitive ''status quo bias'' to favour pre-existing conditions or choices, whatever they are.
 
 
== See also ==
* [[Acceleration]]
* [[Bond]]
* [[Bond indenture]]
* [[Breach of covenant]]
* [[Covenant]]
* [[Credit event]]
* [[Cross default]]
* [[Debt distress]]
* [[Default bias]]
* [[Default netting]]
* [[Default fund]]
* [[Default surcharge]]
* [[Defaulting lender]]
* [[Deletion]]
* [[Entity]]
* [[Event of default]]
* [[Exposure At Default]]
* [[Finance party default]]
* [[Financial covenant]]
* [[Forbearance]]
* [[Forward contract]]
* [[Futures contract]]
* [[Grace period]]
* [[Interest]]
* [[Lehman provisions]]
* [[Loss Given Default]]
* [[Loan agreement]]
* [[Materiality]]
* [[Merton distance-to-default]]
* [[Non-performing loan]]
* [[Obligation]]
* [[Principal]]
* [[Probability of Default]]
* [[Qatar]]
* [[Qatar Financial Centre]]
* [[Regime]]
* [[Risk]]
* [[Speculation]]
* [[Tax compliance]]
* [[Tax return]]
* [[Variation margin]]
* [[Waiver]]
 
[[Category:Accounting,_tax_and_regulation]]
[[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 20:32, 4 January 2018

The European Venues and Intermediaries Association, formerly known as the Wholesale Markets Brokers Association (WMBA).


See also