A special type of netting which takes place in connection with certain contractually agreed events that trigger specific actions. For...

The ability to offset derivative contracts with positive and negative values (the so called receivables and payables exposure) to figure…

A measure of revenue that constitutes the net results from operations- that is, after accounting for all relevant expenses, including...

A contractual clause that is included in over-the-counter derivatives contracts in order to mitigate credit risk. It states that, if...

The process that is typically arranged at the contract date (not at settlement date) for the purpose of replacing all...

A practice in bankruptcy proceedings whereby a bankruptcy court may enforce contracts that are in the money to the bankrupt counterparty while abrogating contracts...