credit default swap definition

  • noun:
    • A credit derivative agreement between two counterparties, wherein the buyer (vendor of threat) makes regular repayments to your seller (customer of danger) in exchange for the ability to a payoff if there is a default or other credit occasion according of a third party labeled as reference entity.

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  • Sentence for "credit default swap"
  • Quotes for "credit default swap"
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  • Synonym for "credit default swap"
  • Urban Dictionary for "credit default swap"
    • (FINANCE) financial instrument which purchaser is…
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