It stands for single-name credit default swap; a type of credit default swap (CDS) where there is only one reference...

A type of credit default swap (CDS) where there is only one reference entity. The reference entity is usually a...

A type of credit default swap (CDS) where there is only one reference entity. The reference entity is usually a...

An option to buy (if a call) or sell (if a put) a prearranged single-name credit default swap (CDS). It...