Definition Type: Element
Name: bankruptcy
Namespace: http://www.fpml.org/2007/FpML-4-4
Type: fpml:Empty
Containing Schema: fpml-option-shared-4-4.xsd
MinOccurs 0
MaxOccurs (1)
Abstract
Documentation:
A credit event. The reference entity has been dissolved or has become insolvent. It also covers events that may be a precursor to insolvency such as instigation of bankruptcy or insolvency proceedings. Sovereign trades are not subject to Bankruptcy as "technically" a Sovereign cannot become bankrupt. ISDA 2003 Term: Bankruptcy
Collapse XSD Schema Diagram:
Drilldown into Empty in schema fpml-shared-4-4_xsdXSD Diagram of bankruptcy in schema fpml-option-shared-4-4_xsd (Financial products Markup Language (FpML®))
Collapse XSD Schema Code:
<xsd:element name="bankruptcy" type="Empty" minOccurs="0">
    <xsd:annotation>
        <xsd:documentation xml:lang="en">A credit event. The reference entity has been dissolved or has become insolvent. It also covers events that may be a precursor to insolvency such as instigation of bankruptcy or insolvency proceedings. Sovereign trades are not subject to Bankruptcy as "technically" a Sovereign cannot become bankrupt. ISDA 2003 Term: Bankruptcy</xsd:documentation>
    </xsd:annotation>
</xsd:element>
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