Term: Difference between revisions
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imported>Doug Williamson (Link with Sight page.) |
imported>Doug Williamson (Add third definition for term fixings.) |
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Also known as the Tenor. | Also known as the Tenor. | ||
3. | |||
A period within a floating rate loan's total maturity, for which an interest rate is fixed at the start of that period. | |||
== See also == | == See also == | ||
* [[Clause]] | |||
* [[Condition]] | * [[Condition]] | ||
* [[Express term]] | * [[Express term]] | ||
* [[Implied term]] | * [[Implied term]] | ||
* [[Innominate term]] | |||
* [[Provision]] | * [[Provision]] | ||
* [[Puff]] | |||
* [[Sight]] | |||
* [[Term out]] | * [[Term out]] | ||
* [[ | * [[Warranty]] | ||
[[Category:Compliance_and_audit]] | [[Category:Compliance_and_audit]] | ||
Revision as of 10:52, 4 February 2018
1.
Contract law.
A part of a a contract which may be either:
(i) A condition;
(ii) A warranty; or
(iii) An innominate term.
Contract terms may be express terms or implied terms.
2.
The time before maturity.
Also known as the Tenor.
3.
A period within a floating rate loan's total maturity, for which an interest rate is fixed at the start of that period.
