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Credit Deterioration

A gradual decrease in the quality (credit rating, credit quality) of a credit (a security or an issuer) or a...

Protection Buyer

A party to a credit default swap (or any other type of swap) that pays the other counterparty (known as...

Protection Seller

A party to a credit default swap (or any other type of swap) that takes on the credit risk of...

Equity Default Swap

A hybrid of an equity derivative and a credit derivative which has identically the structure of a credit default swap...

EDS

It stands for equity default swap; a hybrid of an equity derivative and a credit derivative which has identically the...

Credit Risk Option

A sort of put option which is linked to the credit worthiness of a borrower. The holder of the option...