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  • Monday, May 20, 2024
  • The Financial Encyclopedia
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FLCDS

It stands for first-loss credit default swap; a credit default swap (CDS) that protects its buyer (the long) from losses…

    First-Loss CDS

    A credit default swap (CDS) that protects its buyer (the long) from losses of a reference asset/ reference entity or...

      First-Loss Credit Default Swap

      A credit default swap (CDS) that protects its buyer (the long) from losses of a reference asset/ reference entity or...