| 释义 |
credit derivative
credit derivativen. A financial derivative used to transfer the risk of investing in bonds, loans, or other debt.Credit derivative
Credit derivativeFinancial instruments in which the payoffs depend on the credit risk of companies or government entities, other than the counterparties to the credit derivative transaction itself.Credit DerivativeAny derivative that allows an investor to hedge its credit risk. For example, if a brokerage is concerned that a client may be unable to pay a margin call, it may transfer this risk to another investor in exchange for paying a fee. Regular derivatives, like forward contracts and options, may be used as credit derivatives, depending on the credit risk of an investor's other positions.EncyclopediaSeec/d |