Phrase guide
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noun
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.
Definition source: English Wiktionary via Wiktextract
Topics: business, finance
No example sentence was provided for this meaning.
Synonyms: CDS
Antonyms: none provided
History
No etymology was provided for this word.
Across languages
7 source translations are retained for this English entry.
