A credit default swap (CDS) in which the reference entity is not a third party. More specifically, the credit risk...

A complete default on debt repayment and service by a debtor nation. This constitutes an outright cancellation of all current...

A credit default swap (CDS) that is traded in multiple currencies, i.e., protection, in case of default, is paid by...

A credit default swap (CDS) in which the swap premium payments, and/or the cashflows in the case of default, are...

A portfolio default swap whose exact composition of obligors is not disclosed to the protection seller (in a credit derivative...

A borrower's pledge of a property/ assets to a lender or creditor in order to secure repayment of a loan...

Counterparty credit risk is a source of great concern for end users and dealers in the swaps market (market for...

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,...