Credit default swap

Credit default swap is an agreement in which the risk of default of a financial instrument is transferred from the owner of the financial instrument to the issuer of the instrument.

Category: Banking & Finance

Share it: CITE

Previous:
Computer Programming

Next:
Current assumption whole life insurance

Related Definitions

Credit Application
Credit Application is permission sought for a loan allowance. It...
Credit unions
Credit unions are member-owned savings cooperatives, normally sponsored by a...
Unified tax credit
Unified tax credit is a tax credit that can be...
Past-service credits
Past-service credits mean pension benefits awarded to employees based on...
Bond swap
Bond swap is the sale of one bond issue and...

Recent Definitions

Voluntary Exchange Voluntary exchange is willingly trading goods, services, or resources between...

Sublease A sublease is a contract for residential or commercial space...

Silver Certificate Value A silver certificate is paper money that may be traded...

Signature Loan Signature Loan is the borrowed amount with a set rate...

Blanket Mortgage Blanket Mortgage combines the financing of two or many real...

Straw Buyer Straw Buyer is somebody who purchases anything on someone else's...

Categories

twitter	facebook
linkedin	google
instagram	youtube
tumblr	tagged
stumbleupon	myspace

Credit default swap

Related Definitions

Recent Definitions

Newsletter Subscription