These are word's definitions related to credit-default-swap. Click on any word to go to its word's detail page. Or, go to the definition of credit-default-swap.
0 a type of credit derivative in which the buyer pays the seller for the right to get money back if a particular loan, bond, etc. is not paid back:
The cornerstone of the credit derivatives market is the credit default swap, a sort of insurance policy that allows two parties to exchange the credit risk of an issuer.
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May 10, 2021
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