It stands for multi-name credit default swap; a credit default swap (CDS) in which the underlying reference is more than...
It stands for tranche-loss credit default swap; a basket-linked credit default swap(basket-linked CDS) which protects the buyer (the long) from…
It stands for first-loss credit default swap; a credit default swap (CDS) that protects its buyer (the long) from losses…
A credit linked note (CLN) in which the underlying is a portfolio or basket subject to credit risk. In other…
The party that is charged with the task of calculating the amounts payable under a swap agreement or the value…
The party that is charged with the task of calculating the amounts payable under a swap agreement or the value...
An impaired capacity/ ability of a borrower/ reference entity (in a credit derivative contract/ arrangement) to meet contractual payments, whereby...
An option to buy (if a call) or sell (if a put) a prearranged multi-name credit default swap (CDS). It...
An option to buy (if a call) or sell (if a put) a prearranged multi-name credit default swap (CDS). It...
A credit default swap (CDS) in which the underlying reference is more than one name (reference entity, reference asset, reference...