June 2002
Beginner
344 pages
11h 7m
English
Content preview from Principles of Project Finance
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Glossary and Abbreviations
329
Technical terms used in this book
which are mainly peculiar to project
finance are capitalised, and briefly
explained in this Glossary, with cross-
references to the places in the main text
where a fuller explanation can be
found; other financial terms used in
the book are also explained and cross-
referenced in the Glossary, as are the
various abbreviations used.
abandonment Failure by the Spon-
sors to continue with the construc-
tion or operation of the project. See
§6.8.1
accreting swap An interest rate swap
drawn in installments to match
drawing of the notional principal
amount. See §9.2.1
acknowledgements and consents
see Direct Agreement(s)
ADB Asian Development Bank, a re-
gional IFI. See §11.6.5
ADSCR Annual Debt Service Cover ...
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