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The Low Level of Interest Rates Around the Globe in Recent

question 5

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The low level of interest rates around the globe in recent years, combined with slowing economic growth and new debt issuances, has had a dampening impact on the swap market.


Definitions:

Riparian Owner

An individual or entity that owns land adjacent to or abutting a natural watercourse like a river or stream, with certain usage rights to the water.

Constructive Bailment

A situation where a person involuntarily and unknowingly comes into possession of someone else's property, but is legally responsible for its care.

Property Transferred

The act of moving ownership or interest in a property from one person or entity to another.

Gratuitous Bailment

A bailment for the sole benefit of either the bailor or the bailee, in which the other party receives no consideration for benefits bestowed.

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