Search results for: “collateral”
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Non-Collateralization
Non-Collateralization Collateralization of credit exposures generated by bilateral OTC Derivatives is a key risk mitigant broadly used in the market. The benefits are broadly acknowledged and affect dealers and end users, as well as the financial system generally. However, it is worth noting that in the very early stages of their development, the OTC derivative…
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Contract
Introduction to Contract Contract, in law, an agreement that creates an obligation binding upon the parties thereto. The essentials of a contract are as follows: (1) mutual assent; (2) a legal consideration, which in most instances need not be pecuniary; (3) parties who have legal capacity […]
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Contract
Introduction to Contract Contract, in law, an agreement that creates an obligation binding upon the parties thereto. The essentials of a contract are as follows: (1) mutual assent; (2) a legal consideration, which in most instances need not be pecuniary; (3) parties who have legal capacity […]
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Reserve Currency
Summary of Reserve Currency The currency of a major trading national, widely accepted in international transactions and regarded as stable, that is held by the central banks or monetary authorities of other nations as a form of collateral for their own currency. The use of reserve […]
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Bar
Bar, in law, originally, the rail in the English Inns of Court that separated the court officials from the suitors, their advocates, and friends. When an action was brought to trial, the suitors presented themselves at the bar, accompanied by their advocates, who addressed the court from […]
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Bar
Bar, in law, originally, the rail in the English Inns of Court that separated the court officials from the suitors, their advocates, and friends. When an action was brought to trial, the suitors presented themselves at the bar, accompanied by their advocates, who addressed the court from […]
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Financial Risk
The risk borne by an exporter that his foreign customer may be unable or unwilling to pay for the merchandise purchased; the financial risk relates purely to commercial considerations and not to such "political" risks as expropriation or inconvertibility of currency….
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European Monetary System
Summary of European Monetary System A mechanism established by the European Communities to mitigate exchange rate fluctuations among the members and establish a zone of "monetary stability in Europe."The EMS is, in part, a fulfillment of the 1970 Werner Report (read this and […]
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European Monetary System
Summary of European Monetary System A mechanism established by the European Communities to mitigate exchange rate fluctuations among the members and establish a zone of "monetary stability in Europe."The EMS is, in part, a fulfillment of the 1970 Werner Report (read this and […]
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Nuclear Weapon
Nuclear Nonproliferation In relation to the international law practice and nuclear nonproliferation in this world legal Encyclopedia, please see the following section: Arms Control, Disarmament, and Nonproliferation About this subject:Nuclear SecurityNote: there is detailed […]
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Nuclear Weapon
Nuclear Nonproliferation In relation to the international law practice and nuclear nonproliferation in this world legal Encyclopedia, please see the following section: Arms Control, Disarmament, and Nonproliferation About this subject:Nuclear SecurityNote: there is detailed […]
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Dictionary of Essential Legal Terms
The Dictionary of Essential Legal Terms Details of The Dictionary of Essential Legal Terms Author: Amy Hackney Blackwell Date of publishing: 2008 Publisher: Sphinx Publishing, An imprint of Sourcebooks, Inc, Naperville, Illinois 60567-4410, United States Contents of The Dictionary of Essential Legal Terms Abandon Abatable Nuisance Abate Abatement of a Legacy Abatement of Taxes Abdicate…