Examlex
When a financial institution acts as a(n) ____ to an interest rate swap, it simply arranges a swap between two parties.
Specific Performance
A court-ordered mandate in a contract dispute requiring the party who breached the agreement to fulfill the terms as originally agreed upon.
Compensatory Damages
Monetary compensation awarded to a plaintiff to cover actual losses, such as injury or damages, resulting from the defendant’s actions.
Nominal Damages
A small sum awarded by a court when a legal wrong has occurred, but where there was no substantial loss or injury to be compensated.
Reformation
A legal process that amends or corrects the terms of a contract to reflect the true intentions of the parties involved.
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