- financial participant
Under Title 11 U.S.C. Section 101:(22A) The term "financial participant" means—(A) an entity that, at the time it enters into a securities contract, commodity contract, swap agreement, repurchase agreement, or forward contract, or at the time of the date of the filing of the petition, has one or more agreements or transactions described in paragraph (1), (2), (3), (4), (5), or (6) of section 561(a) with the debtor or any other entity (other than an affiliate) of a total gross dollar value of not less than $1,000,000,000 in notional or actual principal amount outstanding (aggregated across counterparties) at such time or on any day during the 15-month period preceding the date of the filing of the petition, or has gross mark-to-market positions of not less than $100,000,000 (aggregated across counterparties) in one or more such agreements or transactions with the debtor or any other entity (other than an affiliate) at such time or on any day during the 15-month period preceding the date of the filing of the petition; or(B) a clearing organization (as defined in section 402 of the Federal Deposit Insurance Corporation Improvement Act of 1991).
United Glossary of Bankruptcy Terms 2012.
Glossary of Bankruptcy.
Look at other dictionaries:
Financial betting — refers to the wagering on the price development of a financial instrument at some later date relative to the current price or level of the instrument, against odds offered by a bookmaker. Maximum potential pay off of the wager is known when the… … Wikipedia
Financial market participants — Col … Wikipedia
Financial crisis — For the 2008–2010 crisis, see Subprime mortgage crisis , Late 2000s financial crisis and Late 2000s recession. Economics … Wikipedia
Financial quote — A Financial Quotation refers to specific Market data relating to a security or commodity. While the term quote specifically refers to the bid or ask of an instrument, it may be more generically used to relate to the last price which the security… … Wikipedia
participant — A party of a funding. It usually refers to the lowest rank or smallest level of funding. Bloomberg Financial Dictionary See client Euroclear Clearing and Settlement glossary An investor or intermediary acting in a trading capacity. London Stock… … Financial and business terms
Financial system in Australia — The Australian financial system has several distinct sectors: * Banks, credit unions and building societies * Insurance (life and general) * Superannuation * Financial markets debt, equity and derivative markets * Payments systems cash, cheques,… … Wikipedia
Financial Market — Broad term describing any marketplace where buyers and sellers participate in the trade of assets such as equities, bonds, currencies and derivatives. Financial markets are typically defined by having transparent pricing, basic regulations on… … Investment dictionary
participant risk — The risk associated with the credit of the participants and possibility of non performance. Bloomberg Financial Dictionary … Financial and business terms
Global financial crisis of September–October 2008 — The global financial crisis of September–October 2008 is a developing financial crisis which emerged the week of September 14, 2008. Beginning with failures of large financial institutions in the United States, it rapidly evolved into a global… … Wikipedia
Market participant — The term market participant is used in United States constitutional law to describe a U.S. State which is acting as a producer or supplier of a marketable good or service. When a state is acting in such a role, it may permissibly discriminate… … Wikipedia