credit default swap

credit default swap
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.
Syn: CDS

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  • credit default swap — A contract between a credit protection seller (seller) and a credit protection buyer (buyer) where, in consideration of the buyer paying the seller an agreed fee, the seller agrees to pay out agreed sums to the buyer if certain credit events… …   Law dictionary

  • Credit Default Swap — Les dérivés sur événement de crédit[1] ou en anglais Credit Default Swaps (CDS) sont des contrats financiers de protection, entre acheteurs et vendeurs. L acheteur de protection verse une prime[2] ex ante annuelle calculée sur le montant… …   Wikipédia en Français

  • credit default swap — UK US noun [C] (also credit swap) ► FINANCE a type of credit derivative in which the buyer pays the seller for the right to get money back if a particular loan, bond, etc. is not paid back: »The cornerstone of the credit derivatives market is the …   Financial and business terms

  • CREDIT DEFAULT SWAP — См. ДЕФОЛТНЫЙ СВОП Словарь бизнес терминов. Академик.ру. 2001 …   Словарь бизнес-терминов

  • Credit default swap — If the reference bond performs without default, the protection buyer pays quarterly payments to the seller until maturity …   Wikipedia

  • Credit Default Swap — Ein Credit Default Swap (CDS, engl. für Kreditausfall Swap) ist ein Kreditderivat, das es erlaubt, Ausfallrisiken von Krediten, Anleihen oder Schuldnernamen zu handeln. Ein CDS ist ein Vertrag zwischen zwei Parteien, der Bezug auf einen… …   Deutsch Wikipedia

  • Credit default swap — Produits dérivés financiers Produits fermes Forwards (Contrat de gré à gré) Futures (Contrat à terme) Swaps (Échange financier) Produits optionnels Options et Warrants Credit default swap (couvertures de défaillance) …   Wikipédia en Français

  • credit default swap — UK / US noun [countable] Word forms credit default swap : singular credit default swap plural credit default swaps economics a financial instrument for protecting against the risk that a company or organization will not pay money that they owe.… …   English dictionary

  • credit default swap — nevykdomų kredito įsipareigojimų apsikeitimo sandoris statusas Aprobuotas sritis išvestinių finansinių priemonių rinka apibrėžtis Sandoris, susietas su konkretaus emitento išleistu ar pasirašytu skoliniu įsipareigojimu, pagal kurį viena sandorio… …   Lithuanian dictionary (lietuvių žodynas)

  • credit default swap spread — USA credit default spread, Also known as a credit default swap spread or a credit spread (or sometimes, simply, the spread). In derivatives, an amount, typically specified in basis points, above LIBOR that a …   Law dictionary

  • Credit Default Swap - CDS — A swap designed to transfer the credit exposure of fixed income products between parties. A credit default swap is also referred to as a credit derivative contract, where the purchaser of the swap makes payments up until the maturity date of a… …   Investment dictionary

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