| 单词 | credit swap |
| 释义 | credit swap in Finance (krɛdɪt swɒp) Word forms: (regular plural) credit swaps noun (Finance: Investment) swapA credit swap is a kind of insurance against credit risk where a third party agrees to pay a lender if the loan defaults, in exchange for receiving payments from the lender. SIMILAR WORDS: credit default swap A credit swap is an alternative method of obtaining debt capital for a foreign subsidiary withoutsending funds abroad. The buyer of a credit swap will be paid by the seller if the security defaults. A credit swap is a kind of insurance against credit risk where a third party agrees to pay a lenderif the loan defaults, in exchange for receiving payments from the lender. |
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