Filter by Categories
Accounting
Banking

Derivatives




Black Box Transaction


A portfolio default swap whose exact composition of obligors is not disclosed to the protection seller (in a credit derivative such as a credit default swap), or to investors in the case of a credit-linked note. The protection sellers or investors assume the credit risk of a portfolio that is merely known by selection criteria and not by the actual names of the constitutes (reference entities).



ABC
Derivatives have increasingly become very important tools in finance over the last three decades. Many different types of derivatives are now traded actively on ...
Watch on Youtube
Remember to read our privacy policy before submission of your comments or any suggestions. Please keep comments relevant, respectful, and as much concise as possible. By commenting you are required to follow our community guidelines.

Comments


    Leave Your Comment

    Your email address will not be published.*