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  1. credit event

    • n.
      a default, bankruptcy, or other situation which is recognized as affecting the creditworthiness of a country or organization and which may trigger insurance payments as defined in a credit default swap
    • noun: credit event, plural noun: credit events

    • 釋義

    名詞

    • 1. a default, bankruptcy, or other situation which is recognized as affecting the creditworthiness of a country or organization and which may trigger insurance payments as defined in a credit default swap investors should keep in mind that this is a relatively small credit event relative to some of those we've seen in the banking sector before