Difference between revisions of "Installment Default"
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== Definition == | == Definition == | ||
| − | '''Installment Default'''. Non payment of a call by the beneficial owner, resulting in either a court action by the issuer or the sale of the securities to recover costs and/or a forfeit of partially paid securities. SWIFT = INDE | + | '''Installment Default'''. Non-payment of a call by the beneficial owner, resulting in either a court action by the issuer or the sale of the securities to recover costs and/or a forfeit of partially paid securities. |
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| + | [[SWIFT]] = INDE | ||
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[[Category:Credit Events]] | [[Category:Credit Events]] | ||
| + | [[Category:SWIFT]] | ||
| + | [[Category:Credit Risk]] | ||
{{#set: isDefinedBy | https://spec.edmcouncil.org/fibo/ontology/FBC/DebtAndEquities/CreditEvents/index-en.html }} | {{#set: isDefinedBy | https://spec.edmcouncil.org/fibo/ontology/FBC/DebtAndEquities/CreditEvents/index-en.html }} | ||
__SHOWFACTBOX__ | __SHOWFACTBOX__ | ||
Latest revision as of 11:27, 15 June 2021
Definition
Installment Default. Non-payment of a call by the beneficial owner, resulting in either a court action by the issuer or the sale of the securities to recover costs and/or a forfeit of partially paid securities.
SWIFT = INDE
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.
