Difference between revisions of "Writedown"
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Revision as of 14:40, 8 October 2019
Definition
Writedown. The fact that the underlier writes down its outstanding principal amount. A writedown is a type of Credit Event
See Also
- FpML full definition: 'A credit event. Results from the fact that the underlier writes down its outstanding principal amount.'
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.
