Definition of "nonstandardized" [nonstandardized]

• Unstandardized (adjective)

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• "However, he did say that an ESMA task force was already working on this issue and was considering whether there will still be room for tailored or nonstandardized derivatives contracts."
• "They burden providers with onerous nonstandardized paperwork."
• "Trades will be reported either via clearinghouses for standardized swaps, thus also alleviating the counterparty-risk problem, or via trade repositories for nonstandardized swaps."