Filter by Categories
Accounting
Banking

Zero Recovery Swap

A swap that automatically terminates with one counterparty of which having to make no further payments if the other counterparty...

Credit Contingent Knock-Out Trade

A trade that deactivates (typically with zero-recovery) if either party defaults regardless of which is in the money. It also...

Credit Extinguisher

A trade that deactivates (typically with zero-recovery) if either party defaults regardless of which is in the money. It also...