8.6.3 Assumption Properties

Assumption properties are the basic parameters required for defining a business assumption. They include:

• Assumption Category
• Assumption Sub-Category
• Based On
• Assumption Legs
• Assignment Method – Leg 1
• Assignment Method – Leg 2
• Assumption Unit
• Assumption Currency
• Ratings Downgrade
• Transaction Legs
• Charge Penalty
• Specify Collateral/Underlying
• Sale Specification By