Glossary entry

English term or phrase:

close-out netting

Portuguese translation:

interrupção e acerto de obrigações entre as partes

Added to glossary by Luana Fernandes
May 12, 2014 17:09
10 yrs ago
2 viewers *
English term

close-out netting

English to Portuguese Bus/Financial Investment / Securities
As a credit mitigation technique, the ISDA Master Agreement contractually binds both parties to use master-netting arrangements and, in the case of default of the counterparty, close-out netting. Additionally, the Credit Support Annex (CSA) to the ISDA Master Agreement enables PSP Investments to realize any collateral placed with it in the case of default of the counterparty.

Proposed translations

50 mins
Selected

interrupção e acerto de obrigações entre as partes

close-out netting é uma cláusula que significa a interrupção/liquidação dos negócios com pagamento do saldo líquido das obrigações.
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48 mins

compensação com salário/vencimento antecipado

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