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cat bond

/kæt bɑnd/ /kæt bɒnd/
noun
GeneralInsurance
  1. 1 felaket tahvili, afet tahvili

Definition (English)

A type of financial product that transfers risk from an insurance company to investors.

Example Sentences

  1. Insurance companies use cat bonds to manage risk.
    Sigorta şirketleri riski yönetmek için felaket tahvillerini kullanır.
  2. Investors in cat bonds take on disaster risk.
    Felaket tahvili yatırımcıları afet riskini üstlenir.

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