In connection with a default swap (or a credit default swap), it is the periodic payment that is made by...
A binary credit default swap. Unlike standard credit default swaps (CDS) which require a valuation following a credit event (usually...
It stands for credit-linked deposit; a credit-linked hybrid that combines a deposit with a credit default swap that the investor (depositor) sells to the deposit...
A credit-linked hybrid that combines a deposit with a credit default swap that the investor (depositor) sells to the deposit taker. The principal amount of the...
An option (credit option) that provides credit protection to the holder based on two scenarios: default or no default. It...
By definition, it is a cash-settled call option whose underlying is a basket of reference entities (known also as basket...