A set of measures or tools that can help a creditor/ lender or broadly a market player with certain exposures...

The risk that a financial loss will be incurred by a party to a financial instrument (or broadly any financial...

In the context of derivatives valuation, it stands for x-value adjustment or cross value adjustment. It is a broad category...

In the context of derivatives valuation, it stands for cross value adjustment. It is a broad category of adjustments that...

A credit spread that constitutes an amortized premium for a default-based product (such as a credit default swap, credit option,...

Generally speaking, it is the possibility that firms or individuals would fail to honor their contractual obligations on their borrowed...

The use of financial instruments to eliminate or mitigate credit and default risks posed by borrowers or issuers of debt...

A negotiable contract between two parties (bilateral always) that allows them to manage their credit risk by using a derivative...

A provision in a derivative contract that stipulates immediate contract termination with a cash settlement if the credit rating of...

A situation that arises when a party to a contract or transaction has more information about it than the other...