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Delinquency Period

Delinquency Period​

Acronym: DQP
Identifier: delinquencyPeriod
Group: Counterparty
Type: Period
Default: P0D

Description​

If real payment happens after scheduled payment date plus DLP, then the counterparty is in technical default. This means that the creditor legally has the right to declare default of the debtor.

Allowed Values​

  • ISO8601 Duration