Also call CDS. A CDS option that grants the holder the right to buy credit protection on a specific reference entity during a predetermined future period starting...
A type of leverage that is made up of borrowed funds such as loans, credit facilities, bond issuances, etc. Cash-producing leverage can be defined as...
The financing (credit) which a bank or financial institution (FI) provides for particular sectors of the economy, such as small...
A gradual decrease in the quality (credit rating, credit quality) of a credit (a security or an issuer) or a...
A bond that is issued for the sake of refinancing an existing bond issue before maturity. The proceeds from the...
A credit (in the form of loans, bonds, etc) that fills in the cusp between an investment-grade credit and a...