Finance

Tag: SU

  • Succession Event

    Concept of Succession Event in the context of derivatives contract, by the International Swaps and Derivatives Association (ISDA): In credit derivative (i.e. an instrument that transfers risk from one party to the other) documentation, an event such as a merger or spinoff that leads to one […]

  • Super Senior Tranche

    Concept of Super Senior Tranche in the context of derivatives contract, by the International Swaps and Derivatives Association (ISDA): The least risky tranche in a CDO capital structure. For example, a tranche with a 8 – 100% attachment/detachment point.ResourcesSee AlsoDerivatives Contract

  • Support

    Concept of Support in Futures TradingIn this context of financial law, the following is a definition of Support: In technical analysis, a price area where new buying is likely to come in and stem any decline. See Resistance.

  • Subprime

    Concept of Subprime in the context of derivatives contract, by the International Swaps and Derivatives Association (ISDA): The term used for lending to borrowers at a higher rate than the prime rate as they have a higher risk of default. Subprime borrowers typically have low credit scores due […]