credit default swap
A credit derivative contract between two counterparties, whereby the buyer makes…A credit derivative contract between two counterparties, whereby the buyer (seller of risk) makes periodic payments to the seller (buyer of risk) in exchange for the right to a payoff if there is a default or other credit event in respect of a third party called reference entity.
Meaning
1 sensesA credit derivative contract between two counterparties, whereby the buyer (seller of risk) makes periodic payments to the seller (buyer of risk) in exchange for the right to a payoff if there is a default or other credit event in respect of a third party called reference entity.
CDS
Translations
3 languagesBy meaning 1
Forms
plural: credit default swaps| Singular | credit default swap |
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| Plural | credit default swaps |
regular
Synonyms
1 synonymsWord family
2 related wordsSee also
neighbours in the dictionaryDictionary text adapted from Wiktionary (Wiktionary contributors, CC BY-SA 4.0) and Open English WordNet / Princeton WordNet (CC BY 4.0, WordNet License); shared under CC BY-SA 4.0. Example sentences and recordings are credited where they appear.