element <payoutStyle> (local)
Namespace: |
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Type: |
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Content: |
simple |
Defined: |
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XML Representation Summary |
<payoutStyle> |
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Content: |
{ enumeration of xsd:token } |
</payoutStyle> |
Simple Content Detail:
Enumeration: |
"Deferred" |
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If the trigger is hit, the option payout will not be paid now but will be paid on the value date of the original option.
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"Immediate" |
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If the trigger is hit, the option payout will be paid immediately (i.e., spot from the payout date).
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Included in content model of elements (1):
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Annotation
The trigger event and payout may be asynchonous. A payout may become due on the trigger event, or the payout may (by agreeement at initiation) be deferred (for example) to the maturity date.
XML Source (w/o annotations (1); see within schema source)
