The Notational Value of Derivative Contracts for the Top 25

question 115

True/False

The notational value of derivative contracts for the top 25 derivative users was less than the total current credit risk exposure of those contracts as of 2015.

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Definitions:

Acquiesce

The reluctant acceptance or agreement without protest, often implicitly.

Peerless

Unique and having no equal; often used in legal contexts to describe something that has no identical counterpart.

Breach Of Contract

A violation of any of the agreed-upon terms and conditions of a binding contract.

Mistake In Meaning

A misunderstanding or misinterpretation of terms or conditions in a contract that can affect the validity of the agreement.