- non-defaulting
- non-deˈfault·ingadj inv LAW nichtsäumig
English-german dictionary. 2013.
English-german dictionary. 2013.
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Default trap — The default traps in sovereign borrowing refers to the idea that once a country falls into a default, it is more likely to default again in the future, compared to another country with identical future output ability. The idea of default traps is … Wikipedia
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event of default — Certain specified events specified in loan and other documentation which might jeopardise a lender s or investor s position. If they occur the lender or investor is allowed to withdraw and claim earlier repayment of indebtedness. Easyform… … Law dictionary
cross-default — A clause which operates by automatically defaulting a party under Agreement A where it has defaulted under Agreement B. A cross default provision effectively gives the non defaulting party under Agreement A the benefit of the default provisions… … Law dictionary
Arbitral tribunal — An arbitral tribunal (or arbitration tribunal) is a panel of one or more adjudicators which is convened and sits to resolve a dispute by way of arbitration. The tribunal may consist of a sole arbitrator, or there may be two or more arbitrators,… … Wikipedia
liquidated damages — see damage 2 Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. liquidated damages … Law dictionary
Event Of Default — An action or circumstance that causes a lender to demand full repayment of an outstanding balance sooner than it was originally due. In many agreements, the lender will include a contract provision covering events of default to protect itself in… … Investment dictionary
Netting — This page is about the finance term. For the fabric called netting see Net (textile). In general, netting means to allow a positive value and a negative value to set off and partially or entirely cancel each other out. In the context of credit… … Wikipedia
pre-settlement risk — The risk that a counterparty will default prior to the financial instrument s final settlement. This means that the counterparty may suffer loss because the contract is not carried out but at least (unlike settlement risk) the non defaulting… … Law dictionary
settlement risk — The risk is that one party may perform on its obligation upon settlement of a financial instrument but the other might not, leaving the non defaulting party in the position of having paid out under the contract and received nothing in return.… … Law dictionary