A bond that was issued on the Spanish market, denominated in a currency other than the peseta. In this sense,...
It stands for credit spread option; an option whose payoff depends on the spread between the yields earned on two...
An interest rate swap in which two counterparties exchange their credit comparative advantages (in terms of credit rating or creditworthiness)...
A credit derivative whose underlying is a set of names, i.e., reference entities/ assets/ issuers. Typically, every credit derivative contract...
The risk that a counterparty to a derivative contract may be unable or unwilling to fulfill contractual obligations with respect...
The potential loss that results from a counterparty to a derivative contract (specifically a forward contract or swap) unfulfilling its...
The danger (risk) of incurring losses because a counterparty in a derivative transaction has defaulted (i.e., is no more able...
The quanto spread that relates to a credit derivative, particularly credit default swaps (CDSs), in which case it is known...
It stands for contingent credit default swap; a credit default swap (CDS) which is “contingent” upon the setting-off of two...
A credit default swap (CDS) which is “contingent” upon the setting-off of two triggers. The first, as in an ordinary...
