credit-linked note (English, noun)
expansion: credit-linked note (plural credit-linked notes)
Senses:
topics: business
finance
glosses: A form of funded credit derivative, structured as a security with an embedded credit default swap allowing the issuer to transfer a specific credit risk to credit investors. The issuer is not obligated to repay the debt if a specified event occurs, which eliminates a third-party insurance provider.
Forms:
form: credit-linked notes
tags: plural