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Slot: recoveryFactor

Used for fixed recovery, specifies the recovery level, determined at contract formation, to be applied on a default. Used to calculate the amount paid by the seller to the buyer for cash settlement on the cash settlement date. Amount calculation is (1 minus the Recovery Factor) multiplied by the Floating Rate Payer Calculation Amount. The currency will be derived from the Floating Rate Payer Calculation Amount.

URI: common_domain_model:recoveryFactor

Applicable Classes

Name Description Modifies Slot
CashSettlementTerms Defines the terms required to compute and settle a cash settlement amount acc... no

Properties

Type and Range

Property Value
Range Decimal
Domain Of CashSettlementTerms

Cardinality and Requirements

Property Value

Identifier and Mapping Information

Schema Source

Mappings

Mapping Type Mapped Value
self common_domain_model:recoveryFactor
native common_domain_model:recoveryFactor
close fpml_5_10:CashSettlementTerms.recoveryFactor

LinkML Source

name: recoveryFactor
description: Used for fixed recovery, specifies the recovery level, determined at
  contract formation, to be applied on a default. Used to calculate the amount paid
  by the seller to the buyer for cash settlement on the cash settlement date. Amount
  calculation is (1 minus the Recovery Factor) multiplied by the Floating Rate Payer
  Calculation Amount. The currency will be derived from the Floating Rate Payer Calculation
  Amount.
from_schema: https://w3id.org/lmodel/common-domain-model
close_mappings:
- fpml_5_10:CashSettlementTerms.recoveryFactor
rank: 1000
domain_of:
- CashSettlementTerms
range: decimal