“ASSIGNMENT” This word is familiar to all of us but, only with generic meaning. To most of us, the word Assignment is known either as school or office work 😉 . But, Have you ever given a thought to “Assignment Agreement” in relation with Capital market. Well, Assignment Agreement is a profound term in capital market and this is also known as “NOVATION AGREEMENT”.
In our previous posts, we have discussed about Exchange, OTC market, different derivative classes, structured derivatives etc. and today continuing to that we will discuss about Novation Agreement. Continue reading “Novation Agreement: School-To-College”