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Banking

First-Loss Basket Swap

A basket credit default swap in which the protection seller is obliged to make contingent payments to the protection buyer...

Linear Credit Default Swap

A basket credit default swap (credit default basket swap) in which the investors (protection sellers) are exposed to all reference...

Add-Up Basket Credit Default Swap

A basket credit default swap that pays off on the condition that any of the reference entities defaults. As such,...

Basket Credit Default Swap

A credit default swap (CDS) in which the protection buyer pays a fee (premium) to purchase default protection on a number of debtors or debt issuers....