"credit default swap" meaning in English

See credit default swap in All languages combined, or Wiktionary

Noun

Forms: credit default swaps [plural]
Head templates: {{en-noun}} credit default swap (plural credit default swaps)
  1. (finance) 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. Wikipedia link: credit default swap Categories (topical): Finance Synonyms: CDS [initialism] Hypernyms: contract, derivative Translations (contract): swap úvěrového selhání [masculine] (Czech), luottoriskinvaihtosopimus (Finnish), permuta de incumplimiento crediticio [feminine] (Spanish), swap de incumplimiento crediticio [masculine] (Spanish)

Inflected forms

Alternative forms

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          "ref": "2023 March 15, Michael J. de la Merced, Maureen Farrell, “Credit Suisse to Borrow Up to $54 Billion From Central Bank”, in The New York Times:",
          "text": "The cost of that funding is partially influenced by the price of an instrument known as a credit default swap — essentially, a form of insurance that one party buys to protect against the possibility that another party will default. The higher the risk of default, the higher the price of the C.D.S., and the higher the cost of funding.",
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        "(finance) 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."
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      "word": "swap de incumplimiento crediticio"
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  ],
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}

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This page is a part of the kaikki.org machine-readable English dictionary. This dictionary is based on structured data extracted on 2024-11-06 from the enwiktionary dump dated 2024-10-02 using wiktextract (fbeafe8 and 7f03c9b). The data shown on this site has been post-processed and various details (e.g., extra categories) removed, some information disambiguated, and additional data merged from other sources. See the raw data download page for the unprocessed wiktextract data.

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