Description
Calculate a lease-index reset's signed reference gap.
Financial bookkeeping uses explicit invoice, credit, withholding, day-count and quote bases. A supplied deduction or rate defines an arithmetic scenario without determining actual contractual or tax rights. Discount reference shifts and prices per hundred face value need their own direction and unit conventions.
Calculate a lease-index reset's signed reference gap.
When to use this tool
Use Lease Index Reset Reference Gap when checking the stated caller-defined balance, rate, accrual or quote convention.
How to use the tool and how it works
- Enter referenceIndex, resetIndex. Use the units and conventions below.
- Run the tool. Correct any format, range, or cross-field input error before interpreting the output.
- Read signedGap. Use the output convention below.
Return resetIndex-referenceIndex as a signed gap.1
| Input field | Meaning and units | Accepted input |
|---|---|---|
| referenceIndex | Reference Index | Required. Finite number. |
| resetIndex | Reset Index | Required. Finite number. |
| Output field | Interpretation | Returned shape |
|---|---|---|
| signedGap | Signed first/second difference in the direction and units specified above. | Required. Finite number. |
{
"input": {
"referenceIndex": 12,
"resetIndex": 17
},
"output": {
"signedGap": 5
}
}Limitations and assumptions
- The supplied index values are not retrieved or validated; the tool does not calculate a rent reset, select a base or interpret a lease.
- Inputs must satisfy both the field types and the cross-field conditions above. Invalid input causes an error; a successful false flag or documented placeholder is a different result.
- Numeric calculations use binary floating point unless exact decimal-integer arithmetic is explicitly stated. No hidden measurement tolerance or decimal rounding is added; nonfinite or out-of-contract results are rejected. Numeric signed-zero results are exported as zero.
Alternative or Complementary methods
Review verified transaction and contract records and current applicable rules with qualified financial/tax/legal professionals for actual settlement or investment decisions.
References
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