It stands for multi-name credit default swap; a credit default swap (CDS) in which the underlying reference is more than...

An abbreviation for dynamic portfolio swap; a credit portfolio derivative, specifically a portfolio default swap in which the protection buyer may…

A credit linked note (CLN) in which the underlying is a portfolio or basket subject to credit risk. In other…

A credit linked note (CLN) whose redemption and coupon payments are linked to a single default event and also depend…

A credit default swap (CDS) in which the underlying reference is more than one name (reference entity, reference asset, reference...

A credit default swap in which the underlying reference is more than one name (reference entity, reference asset, reference obligation,...

In the context of credit default swaps (CDS) and similar credit derivatives, settlement takes place once a credit event (bankruptcy,...

A credit derivative whose underlying is a set of names, i.e., reference entities/ assets/ issuers. Typically, every credit derivative contract...

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