GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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09:37 Mar 18, 2009 |
Romanian to English translations [PRO] Law/Patents - Law: Patents, Trademarks, Copyright / commercial law | |||||||
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3 | credit support annex |
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credit support annex Explanation: What Does Credit Support Annex Mean? A credit support annex provides credit protection by setting forth the rules governing the mutual posting of collateral. CSAs are used in documenting collateral arrangements between two parties that trade privately negotiated (over-the-counter) derivative securities. The trade is documented under a standard contract called a master agreement, developed by the International Swaps and Derivatives Association (ISDA). The two parties must sign the ISDA master agreement and execute a credit support annex before they trade derivatives with each other... http://www.investopedia.com/terms/c/creditsupportannex.asp |
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