ISDA definitions

The ISDA definitions provide a common set of defined terms for use in derivative transactions. The terms constitute the mechanics of derivative transactions and the payment obligations under them.

This guidance note explains:

• • how the ISDA definitions booklets fit into the ISDA documentation framework;
• • the purpose of ISDA definitions;
• • the key ISDA definitions; and
• • key points to consider when incorporating ISDA definitions into trade documentation.

See ISDA definitions.