A key metric that is used in quantitative risk analysis, reflecting the monetary amount that an entity (a bank, financial...

It stands for nth-to-default swap; a credit default swap (CDS) whereby the protection buyer makes a payment to the protection...

It stands for event of default; an occurrence that allows a creditor (lender) to identify a debtor's (borrower's) unlikeliness to...

An occurrence that allows a creditor (lender) to identify a debtor's (borrower's) unlikeliness to timely pay (obligations: interest and principal),...

An occurrence that allows a creditor (lender) to identify a debtor's (borrower's) unlikeliness to timely pay (obligations: interest and principal),...

A credit default swap (a type of default swap) in which the reference obligation consists of a basket of obligations...

A put option in which a payoff is made in the event the issuer of a specified reference asset such...

It stands for expected credit loss; the long-term average cost that arises from a series of defaults expected to take...

The long-term average cost that arises from a series of defaults expected to take place in a swap (or broadly...

A credit default swap (CDS) that is linked to a basket of credit derivatives. This swap works primarily as if...