In relation to credit default swaps (CDS), it is the credit exposure of the swap at a given point in...
A gradual decrease in the quality (credit rating, credit quality) of a credit (a security or an issuer) or a...
A credit spread option which gives the holder the right, but not the obligation, to buy a defaultable reference bond...
A sort of put option which is linked to the credit worthiness of a borrower. The holder of the option...
A second-order greek that measures the instantaneous rate of change of an option’s delta with respect to the passage of...
A path-dependent option that is typically embedded in a structured note (range note), allowing the holder to receive a coupon...
A currency option- usually on a foreign currency or a currency basket or index- that is made or written at...
An asset that is held primarily for consumption (end-user needs) and not usually for investment or resale. Examples include different...