ISDA Master Agreement,
What is The Definition of ISDA Master Agreement?
The ISDA Master Agreement is a standard document commonly used to manage OTC derivative transactions. The agreement, issued by the International Exchange and Derivatives Association (ISDA), defines the terms that apply to derivative transactions between two parties, usually a derivative broker and a counterpart. The ISDA Master Agreement itself is standard, but it includes specific schedules and, sometimes, loan assistance schedules, signed by both parties to a particular transaction.
- The ISDA Master Agreement is a standard document commonly used to manage OTC derivative transactions.
- OTC derivatives are exchanged between two parties, not through exchanges or brokers.
- The most important benefits of the ISDA Framework Agreement are greater transparency and greater liquidity.
Literal Meanings of ISDA Master Agreement
Master:
Meanings of Master:
A man for whom there were people to do his work, especially servants or slaves.
Someone who is in control of something or can control it
Male Brad Winner.
Owner of dogs, horses or other pets.
One machine or device directly controls the other.
A man in charge of an organization or group.
Teachers, especially in a state or preschool.
University or school director.
Captain of Merchant Ships.
A qualified professional in a particular art or activity.
Great artist, especially from the acclaimed Canon.
A very strong chess or bridge player, especially one who has qualified for the title in an international tournament.
Sentences of Master
The third kind of government at home is the Lord's rule over His servants.
Former masters and law enforcers consider Malik as the head of the family.
In the new story, Shakshu will apparently compete with his boss for lying.
Understand that a servant is not better than his master.
Both brothers are loyal to their masters and perform their duties effectively.
He obeys who owns it.
Synonyms of Master
quash, lord and master, proficient, pedagogue, sovereign, virtuoso, authority, get a grip on, suzerain, pundit, become expert in, instructor, genius, bridle, brilliant, get over, overlord, accomplished, grand, great, know backwards, biggest, prototype, subjugate, star, adept
Agreement:
Meanings of Agreement:
Harmony or agreement in opinion or sense of position or result of agreement.
Negotiated and generally legally agreed upon between the parties.
Mismatch between the two.
The terms have the same number, the same gender, the same case, or the same person status.
Sentences of Agreement
Both officers nodded
It is widely recognized that investment is necessary
I agree that the divorce rate is very high and largely preventable.
Everyone agrees that this is the primary bad thing.
During the meeting, it was agreed that steps should be taken to end the monopoly.
Both organizations agreed that we would have to fix it.
All organizations agree that the use of foreign labor will increase in the coming years.
Synonyms of Agreement
congruity, negotiation, accord, sympathy, bond, compatibility, conduct, arrangement, unity, compact, deal, thrashing out, agreement, prosecution, concord, protocol, consistency, carrying out, organization, unison