المدربAn event of default is an event attributable to one party, such as failure to pay or deliver, breach, insolvency or default under other agreements, that allows the other party to terminate all transactions under the master agreement. A termination event is an event that is no party’s fault, such as illegality or a change of tax law, and that allows termination of the affected transactions.
Quantitative Finance · المسرد
ما معنى Event of default, termination event؟
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