Substitution - Revision history

imported>Doug Williamson: Add link.

2022-10-02T17:21:21Z

Add link.

← Older revision		Revision as of 17:21, 2 October 2022
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	The substitution of one party for another in respect of an obligation.		The substitution of one party for another in respect of an obligation.


	In a netting and settlement context, this generally equates to altering a contract between two parties so as to bring in a third party (sometimes the clearing house, as in an option and future trade) which acts as counterparty to each of the two parties and ensures the original contract between the two parties is satisfied and discharged.		In a netting and settlement context, this generally equates to altering a contract between two parties so as to bring in a third party (sometimes the clearing house, as in an option and future trade) which acts as counterparty to each of the two parties and ensures the original contract between the two parties is satisfied and discharged.
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	== See also ==		== See also ==
			* [[Discharge of contract]]
	* [[Netting]]		* [[Netting]]
	* [[Novation]]		* [[Novation]]

imported>Doug Williamson: Classify page.

2022-07-02T12:04:25Z

Classify page.

← Older revision		Revision as of 12:04, 2 July 2022
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	* [[Novation]]		* [[Novation]]
	* [[Settlement]]		* [[Settlement]]

			[[Category:Accounting,_tax_and_regulation]]
			[[Category:The_business_context]]

imported>Doug Williamson: Spacing 20/8/13

2013-08-20T08:23:08Z

Spacing 20/8/13

← Older revision		Revision as of 08:23, 20 August 2013
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	The substitution of one party for another in respect of an obligation.		The substitution of one party for another in respect of an obligation.

	In a netting and settlement context, this generally equates to altering a contract between two parties so as to bring in a third party (sometimes the clearing house, as in an option and future trade) which acts as counterparty to each of the two parties and ensures the original contract between the two parties is satisfied and discharged.		In a netting and settlement context, this generally equates to altering a contract between two parties so as to bring in a third party (sometimes the clearing house, as in an option and future trade) which acts as counterparty to each of the two parties and ensures the original contract between the two parties is satisfied and discharged.


	== See also ==		== See also ==
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	* [[Novation]]		* [[Novation]]
	* [[Settlement]]		* [[Settlement]]

imported>Administrator: CSV import

2012-10-23T14:20:48Z

CSV import

New page

The substitution of one party for another in respect of an obligation.
In a netting and settlement context, this generally equates to altering a contract between two parties so as to bring in a third party (sometimes the clearing house, as in an option and future trade) which acts as counterparty to each of the two parties and ensures the original contract between the two parties is satisfied and discharged.

== See also ==
* [[Netting]]
* [[Novation]]
* [[Settlement]]