Trigger event: Difference between revisions
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imported>Doug Williamson (Created page with "1. An event defined in borrowings documentation, usually with severe adverse consequences for the borrower. For example, a deterioration in the borrower's credit rating, entit...") |
imported>Doug Williamson m (Spacing added) |
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1. | 1. | ||
An event defined in borrowings documentation, usually with severe adverse consequences for the borrower. | |||
An event defined in borrowings documentation, usually with severe adverse consequences for the borrower.<br> | |||
For example, a deterioration in the borrower's credit rating, entitling the lender to demand immediate repayment of the loan. | For example, a deterioration in the borrower's credit rating, entitling the lender to demand immediate repayment of the loan. | ||
2. | 2. | ||
Similar events defined in derivatives documentation, for example, credit default swaps. | Similar events defined in derivatives documentation, for example, credit default swaps. | ||
== See also == | == See also == | ||
Revision as of 11:59, 30 May 2015
1.
An event defined in borrowings documentation, usually with severe adverse consequences for the borrower.
For example, a deterioration in the borrower's credit rating, entitling the lender to demand immediate repayment of the loan.
2.
Similar events defined in derivatives documentation, for example, credit default swaps.
