Off-Market Swaps Are Swaps That Are Have Non-Standard Terms That

question 44

True/False

Off-market swaps are swaps that are have non-standard terms that require one party to compensate another so the swap can be tailored to the needs of the transacting parties; compensation is usually in the form of an upfront fee or payment.

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Definitions:

No-Fault Divorce

A divorce in which neither party is deemed to be at fault for the breakdown of the marriage.

Living Separately

A situation in which a couple lives in different places, often as a step in the separation or divorce process.

Petitioning Party

The individual or group that initiates a legal action or request for a formal inquiry.

Divorce

The formal termination of a marriage through a court or authorized entity.