EBA NPL.NonProperty Collateral.Asset Purchase Obligation
From Open Risk Manual
Contents
Definition of Non-Property Collateral / Asset Purchase Obligation
Non-Property Collateral.Asset Purchase Obligation: Indicator as to whether there is an obligation for the Borrower to purchase the Collateral at the end of the lease
- EBA Field Index 14.02
- Documentation Entry 379
Description
"Asset Purchase Obligation" is the indicator as to whether there is an obligation for the Counterparty to purchase the collateral at the end of the lease.
Field Characteristics
The field type is Boolean.
The field's importance for the Loan Tape is Important.
The field belongs to the EBA NPL Non-Property Collateral Table.
The field applies to 3 of the 7 EBA NPL Asset Classes. It does not apply to Residential Real Estate Loans, Commercial Real Estate Loans, SME/Corporate Loans, Unsecured Loans,
The field is applicable to all borrower types.
The field is Not Confidential
Disclaimer
- This text is generated automatically. Do not edit manually!
- This information is provided as is. Refer to the EBA NPL Template for pointers to definitive instructions
