Covered Transaction

From Open Risk Manual

Definition

Covered Transaction. A transaction covered by some Master Agreement.

The Master Agreement sets out the terms and conditions under which these transactions are to take place between the parties. These are Over the Counter transactions, including OTC Derivatives.

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This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.

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