Credit default swap
From ACT Wiki
A variety of swap agreement that enables the effective transfer of credit risk from one party to the other.
The pricing of credit default swaps is used as a market valuation of relative counterparty risk.
- Constant maturity credit default swap
- Counterparty risk
- Credit default swap index
- Credit risk
- International Swaps and Derivatives Association
- Swap overlay
- Putting a limit on losses