Premium Payer

Definition

Premium Payer. The party responsible for making the payment of an Equity Option Premium.

Issues and Challenges

Review 17 Feb: Not clear whether this can ever go the other way. Is it possible to create an option where you pay as well as delive rthe option? See for example Zero Cost Options. It may be that this is in FpML simply because the original model wanted ot be explicit a bout who paid what, just to avoid any confusion perhaps. Legally: you are buying the rights and obligations in the Option... FpML: 'A reference to the party responsible for making the payments defined by this structure.'

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.