Seller

From Open Risk Manual

Definition

A Seller is a party that makes, offers or contracts to make a sale to an actual or potential buyer.

In the context of Securitization it is a entity selling (transferring) asset to the securitisation vehicle via the Master Receivables Transfer Agreement

Synonyms

  • Vendor

Details

None

Variations

None

Issues and Challenges

None

See Also

Disclaimer

  • This information is provided as is without any representation of correctness, completeness or suitability for any purpose whatsoever. Refer to actual securitisation prospectuses for the definitive terms applicable in each case
  • Definitions, detailed descriptions and other content may change at any time as further examples or relevant aspects are introduced
  • 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.