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CLCD

It stands for credit-linked certificate of deposit; a credit-linked hybrid that combines a deposit (certificate of deposit, CD) with a...

Credit-Linked Certificate of Deposit

A credit-linked hybrid that combines a deposit (certificate of deposit, CD) with a credit default swap that the investor (depositor)...

Credit-Linked Note

A credit-linked hybrid that combines a note with a credit default swap. The face value of the note payable at...

Credit-Linked Hybrid

A combination of an interest-bearing debt security or instrument and a credit default swap. The face value or principal amount...

CLD

It stands for credit-linked deposit; a credit-linked hybrid that combines a deposit with a credit default swap that the investor (depositor) sells to the deposit...

Credit-Linked Deposit

A credit-linked hybrid that combines a deposit with a credit default swap that the investor (depositor) sells to the deposit taker. The principal amount of the...