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EOD

It stands for event of default; an occurrence that allows a creditor (lender) to identify a debtor's (borrower's) unlikeliness to...

Event of Default

An occurrence that allows a creditor (lender) to identify a debtor's (borrower's) unlikeliness to timely pay (obligations: interest and principal),...

Default Event

An occurrence that allows a creditor (lender) to identify a debtor's (borrower's) unlikeliness to timely pay (obligations: interest and principal),...

Credit Default Basket Swap

A credit default swap (a type of default swap) in which the reference obligation consists of a basket of obligations...

Credit Default Option

A put option in which a payoff is made in the event the issuer of a specified reference asset such...

ECL

It stands for expected credit loss; the long-term average cost that arises from a series of defaults expected to take...

Expected Credit Loss

The long-term average cost that arises from a series of defaults expected to take place in a swap (or broadly...

Index CDS

A credit default swap (CDS) that is linked to a basket of credit derivatives. This swap works primarily as if...

Index Default Swap

A credit default swap whereby the protection seller pays the protection buyer in case of default by one or more...

DD

It stands for distance to default; a measure of risk that is based on the probability distribution of the income...