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As compared to a default on the notional principle,a default on a swap
Harry Braverman
An American Marxist, known for his work on labor and monopoly capitalism, most notably in his book "Labor and Monopoly Capital: The Degradation of Work in the Twentieth Century."
Worker Movements
Collective initiatives by employees aimed at achieving better working conditions, rights, and benefits through organizing and advocacy.
Efficiency
The ability to accomplish a task or a goal with the least waste of time and effort; the competency in performance.
Braverman
Refers to Harry Braverman, an American Marxist, noted for his work on labor and monopoly capital, particularly for his theory on the degradation of work.
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