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credit derivative
- a type of derivative in which the risk that a loan will not be repaid is sold to a party other than the lender
noun: credit derivative, plural noun: credit derivatives
- 釋義
名詞
- 1. a type of derivative in which the risk that a loan will not be repaid is sold to a party other than the lender credit derivatives act as insurance for a company that invests in a corporate bond or loan