Exact(1)
This can take different forms, from bank recapitalisation to forgiveness of all the underlying debts.
Similar(59)
I think he is attempting to hide the underlying debt picture.
And because most of A.I.G.'s swaps are known as the "pay as you go type," collateral must be supplied when the underlying debt declines in value.
The ban would apply to C.D.S.'s on debt of countries in the euro area, in cases where the investors did not own the underlying debt.
They can use derivatives to pursue complex strategies that may not be in the best interests of the firm that has issued the underlying debt, says Henry Hu, a law professor at the University of Texas, Austin.
Ms. Merkel also repeated her support for rules that would ban investors from buying credit default swaps, a form of insurance against default by bond issuers, if they did not own the underlying debt.
Section 547(c)(2) previously had a requirement that, in order for a payment by the debtor to qualify as a payment in the ordinary course of business, the payment had to have been made within 45 days of when the underlying debt was first incurred.
He acknowledged that the agency modified its projections after the Treasury Department pointed out the error in its calculations, but said "it doesn't change the fact that in our estimation, that even with the agreement of Congress and the administration this past week, that the underlying debt burden of the U.S. government is rising and will continue to rise most likely over the next decade".
The FFELP Loans segment consists of its FFELP Loan portfolio and the underlying debt and capital funding the loans.
The Consumer Lending segment consists of its private education loan portfolio and servicing and the underlying debt and capital funding those loans.
The fact is, Chinese government banks can, and will, write-off bad loans and never require them to be paid if the underlying debt was so bad that it meant possible bankruptcy of a Chinese company.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com