credit default swap (English, noun)
expansion: credit default swap (plural credit default swaps)
Senses:
topics: business
finance
glosses: 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.
Forms:
form: credit default swaps
tags: plural