The Term "Under Reference" Refers To

question 596

Multiple Choice

The term "under reference" refers to:

• A) an unavailability of a credit limit for the counterparty
• B) a qualification stating that a transaction needs to be reconfirmed
• C) the unacceptability of the counterparty's name
• D) a qualification stating that the rate quoted may no longer be valid and requires confirmation before any trades can be agreed

---

Definitions:

Aryl Diisocyanate

Organic compounds containing two isocyanate groups (-N=C=O) attached to an aromatic ring, used in the production of polyurethanes.

Ethylene Glycol

A colorless, odorless, sweet-tasting organic compound used as antifreeze in cooling and heating systems.

Polyesters

A category of polymers that contain the ester functional group in their main chain, widely used in fibers and plastics.

Diester

A diester is an organic compound formed when two hydroxyl groups in an acid are replaced by ester groups.