What is the documentation in which the parties agree to the terms that will govern future transactions?
A) standard settlement instructions
B) netting agreement
C) terms of engagement
D) master agreement

Question

Quizplus · Accepted Answer

A master agreement is a document that sets out the general terms that will govern future transactions between parties. It is often used in the financial industry to streamline the process of entering into multiple transactions with the same counterparty. The master agreement typically includes provisions for netting, which allows for the offsetting of obligations between parties, as well as standard settlement instructions and other terms of engagement.

What Is the Documentation in Which the Parties Agree to the Terms