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Banking

Right of Termination

The right of the issuer to terminate certain certificates at fixed dates. The issuer also reserves the extraordinary right of...

Termination of a Derivative Contract

A part of the derivative clearing function that involves ending the position in a derivative contract as a result of...

Partial Termination

A reduction in the notional principal of a derivative contract, like a swap. For example, a party to an interest rate swap with a $10 million notional...