derivative law
91action — ac·tion n [Latin actio legal proceeding, from agere to do, carry out, initiate legal proceedings] 1 a: a judicial proceeding for the enforcement or protection of a right, the redress or prevention of a wrong, or the punishment of a public offense …
92financial instrument — As defined in the Markets in Financial Instruments Directive (MiFID), including: Transferable securities (transferable security) (for example, shares in companies and other securities equivalent to shares in companies, bonds or other forms of… …
93immunity — im·mu·ni·ty /i myü nə tē/ n pl ties [Latin immunitas, from immunis exempt from public service, exempt, from in non + munis (from munia services)] 1: exemption from a duty or liability that is granted by law to a person or class of persons a… …
94derivatives — A derivative, derivatives or derivative contracts are financial instruments whose value derives from the value and characteristics of underlying products. The underlying assets (often referred to as the underlying or underlier ) are extremely… …
95confirmation — con·fir·ma·tion /ˌkän fər mā shən/ n 1: the act or process of confirming, assuring, or upholding seeking confirmation of the agreement; specif: the ratification of an executive act by a legislative body senate confirmation of the Supreme Court… …
96CSA — abbreviation for Child Support Agency. Collins dictionary of law. W. J. Stewart. 2001. CSA …
97schedule — sched·ule / ske jülesp Brit she dyül/ n 1 a: a list or statement of supplementary details appended to another document b: a formal list, table, catalog, or inventory 2: a plan that indicates the time and sequence of each element schedule vt …
98clearinghouse — clear·ing·house / klir iŋ ˌhau̇s/ n: an institution that arranges for payment of checks owed by one bank to another Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. clearinghouse …
99physical settlement — Settlement occurs when a financial instrument reaches maturity or expires. A financial instrument is physically settled if the underlying asset is delivered or transferred to the counterparty in exchange for a specified payment. For example, if… …
100over-the-counter (OTC) derivatives — over the counter (OTC) derivative USA A derivative product not traded on any organized, regulated exchange. OTC derivatives are customized, bilateral, privately negotiated contracts, which, as a result, can be illiquid as compared to standardized …
