ISDA master agreement

ISDA master agreement
ISDA master agreement a.k.a. the ISDA
An industry-standard agreement used between the counterparties to privately negotiated ( i.e., nonexchange traded) derivatives transactions. The body of the master agreement" presents the most common legal and operating terms and conditions that could apply to derivatives transactions between parties to the agreement. These include basic representations, events of default and termination events, numerous contractual housekeeping items, and a list of key definitions. The provisions in the master agreement itself are non-negotiable so users customize the agreement in the " schedule", selecting from terms provided in the master agreement or adding new provisions. The schedule contains a number of optional provisions that counterparties can choose to select or add. A third and final part of the ISDA is a "Credit Support Annex" (CSA),that details the terms of certain credit support required in the Agreement. American Banker Glossary

Financial and business terms. 2012.

Игры ⚽ Нужно решить контрольную?

Look at other dictionaries:

  • ISDA Master Agreement — The most widely accepted standard form of documentation in the financial markets for derivative transactions. The ISDA master agreement can be used for a broad range of derivative transactions. For further information, see the ISDA website. USA… …   Law dictionary

  • ISDA master agreement — The most widely accepted standard form of documentation in the financial markets for derivative transactions. The ISDA master agreement can be used for a broad range of derivative transactions. For further information, see the ISDA website. USA… …   Law dictionary

  • ISDA Master Agreement — L ISDA Master Agreement est le contrat type le plus utilisé pour la vente de produits dérivés de gré à gré. Il a été mis au point par l ISDA (Association Internationale des Swaps et Dérivés) en 1992 et amélioré en 2002[1]. Ce contrat détaille la… …   Wikipédia en Français

  • Schedule to ISDA Master Agreement — USA Schedule to ISDA Master Agreement, Also known as Schedule to ISDA Master or simply ISDA Schedule or Schedule. A document which parties to a derivatives transaction typically use to alter the terms of, or add terms to, the pre printed standard …   Law dictionary

  • Master Agreement — The most widely accepted standard form of documentation in the financial markets for derivative transactions. The ISDA master agreement can be used for a broad range of derivative transactions. For further information, see the ISDA website. USA… …   Law dictionary

  • ISDA Master — The most widely accepted standard form of documentation in the financial markets for derivative transactions. The ISDA master agreement can be used for a broad range of derivative transactions. For further information, see the ISDA website. USA… …   Law dictionary

  • master agreement — (1) Securities A written contract covering all future transactions between the parties to repurchase/reverse repurchase agreements and establishing each party s rights in the transactions. A master agreement often will specify, among other things …   Financial and business terms

  • Schedule to ISDA Master — USA Schedule to ISDA Master Agreement, Also known as Schedule to ISDA Master or simply ISDA Schedule or Schedule. A document which parties to a derivatives transaction typically use to alter the terms of, or add terms to, the pre printed standard …   Law dictionary

  • ISDA Schedule — USA Schedule to ISDA Master Agreement, Also known as Schedule to ISDA Master or simply ISDA Schedule or Schedule. A document which parties to a derivatives transaction typically use to alter the terms of, or add terms to, the pre printed standard …   Law dictionary

  • ISDA Credit Support Annex — USA ISDA Credit Support Annex (CSA) The 1994 Credit Support Annex (CSA) published by the International Swaps and Derivatives Association, Inc. (ISDA). This document governs collateral arrangements betwe …   Law dictionary

Share the article and excerpts

Direct link
… Do a right-click on the link above
and select “Copy Link”