Categories
Investments glossary

Triggering Event Definition

Spread the love
Quotes of the day:

Truth may be stretched, but cannot be broken, and always gets above falsehood, as does oil above water.

— Miguel Cerbantes

A triggering event is a tangible or intangible barrier or occurrence which, once breached or met, causes another event to occur. Triggering events include job loss, retirement, or death and are typical for many types of contracts. These triggers help to prevent, or ensure, that in the case of a catastrophic change, the terms of an original contract may also change.


We uses YouTube API Services.
Click to rate this post!
[Total: 0 Average: 0]

Leave a Reply