Payment Services Directive and Receivable put: Difference between pages
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imported>Doug Williamson (Mend link.) |
imported>Doug Williamson (Create the page. Source: The Treasurer, February 2016, page 45.) |
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A right to deliver receivables to a bank in the event of default by a buyer. | |||
The predetermined purchase price can be 100% of the coverage amount, or a predetermined discounted amount. | |||
== See also == | ==See also== | ||
* [[ | *[[Credit risk]] | ||
* [[ | *[[Receivables]] | ||
* [[ | *[[Put]] | ||
Revision as of 22:07, 8 February 2016
A right to deliver receivables to a bank in the event of default by a buyer.
The predetermined purchase price can be 100% of the coverage amount, or a predetermined discounted amount.