In relation to the LIBOR cessation plan, it is the credit and liquidity component of LIBOR relative to risk free...

A contractual fallback that was set out in the LIBOR wording for the purpose of triggering a switch to the...

In fallback documentation, it is an event that would activate the fallback provision (incorporated into a contract or arrangement in...

In fallback documentation, a trigger is an event that would activate the fallback provision (incorporated into a contract or arrangement...

A rate of interest that can be used if the reference rate for a certain arrangement or contract (a facility,...

An alternative plan or set of plans whereby an entity (business) or individual defines what can be done if original...

In finance, fallback broadly refers to failure in attaining a desired or expected outcome/ result due to unfavorable or unexpected...