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单词 credit default swap
释义
  • Business

credit default swapnoun [ C ]

ukusalso 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 credit default swap, a sort of insurance policy that allows two parties to exchange the credit risk of an issuer.
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更新时间:2025/1/24 0:59:49