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In a swap arrangement, the most common index used for floating-rate payments would be the
Oral Agrees
Agreements or contracts made through spoken communication rather than written, subject to certain legal limitations.
Consequential Damages
Indirect losses that arise not directly from a breach of contract but as a foreseeable result of the breach.
Compensatory Damages
Monetary compensation awarded to a plaintiff to offset losses or injuries that have occurred due to another's wrongdoing.
Punitive Damages
Monetary compensation awarded in a lawsuit over and above actual damages, intended to punish the defendant for egregious conduct.
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