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Cross-default
Глоссарий экономических терминов |
A provision under which default on one debt obligation triggers default on another debt obligation.
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Obligation, английский
- Обязательство.
- Обязательство, облигация, см. bond
- A bond containing a penalty, with a condition annexed for payment of money or performance of covenants.
- Обязательство
- A legally binding commitment.
- A legal responsibility, such as to repay a debt.
- Денежное обязательство
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Director exception, английский
A proxy or ballot that withholds its votes from one or more, but not all, individuals on the slate of nominated directors.
Deferred call, английский
A provision that prohibits the company from calling the bond before a certain date. during this period the bond is said to be call protected.
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