Equity Forward Buyer
Definition
Equity Forward Buyer. The party that buys this forwward contract, that is the party which pays for this instrument and receives the rights defined by it.
See note in Seller. See 2000 ISDA definitions Article 11.1 (b). FpML: 'A reference to the party that buys this instrument, ie. pays for this instrument and receives the rights defined by it. See 2000 ISDA definitions Article 11.1 (b). In the case of FRAs this the fixed rate payer.' Interpretation: this is the party which is the counterparty to the contract.
Disclaimer
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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