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English to French translations [PRO] Bus/Financial
English term or phrase:Compounding / Flat compounding
Context: ISDA Master Agreement. An interest rate swap agreement.
In the article negative interest rate, section (b) entitled Compounding.
"Parties A and B agree that, if with respect to one or more Compounding Periodes for a Transaction where "Compounding" or "Flat Compounding" is specified to be applicable, the Compounding Period Amount, the Basic Compounding Period Amount or the Additional Compounding Period Amount est a negative number, then the Floating Amount for the Calculation Priode in which that Compounding Priode occur will be the sum of all Compounding Period Amounts or the sum of all Basic Compounding Period Amounts and all the Additional Compounding Period Amounts in that Calculation Period (wether positive or negative).