# XML Schema Documentation

### Model Group: RecoveryRate.model

#### [Table of contents]

Name | RecoveryRate.model
Used by (from the same schema document) | Complex Type CreditCurveValuation
Documentation | The model of the recovery rate (single value or curve).

XML Instance Representation
Start Choice [1]
<recoveryRate> xsd:decimal </recoveryRate> [1]

'A single recovery rate, to be used for all terms.'

<recoveryRateCurve> TermCurve </recoveryRateCurve> [1]

'A curve of recovery rates, allowing different terms to have different recovery rates.'

End Choice
Diagram
Schema Component Representation
<xsd:group name="RecoveryRate.model">
<xsd:choice>
<xsd:element name="recoveryRate" type=" xsd:decimal "/>
<xsd:element name="recoveryRateCurve" type=" TermCurve "/>
</xsd:choice>
</xsd:group>