ISDA

International swaps and derivatives Association (ISDA) is the association of swap dealers formed in 1985 to promote uniform practices in the writing, trading, and settlement proecdures of swaps and other derivatives.

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Beneficiary

The person(s), company, trust or estate named by the grantor, trustor, settlor or creator to receive the benefits of a trust in due course upon conditions which the grantor established by way of a trust deed. An exception would be the fully discretionary trust. The beneficiary could be a charity, foundation and/or person(s) which or who are characterized by classes in terms of their order of entit ...


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