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credit default swap

/ˈkrɛdət dɪˈfɔlt swɑp/ /ˈkrɛdɪt dɪˈfɒlt swɒp/
noun
GeneralBusiness
  1. 1 kredi temerrüt takası

Definition (English)

A financial contract where one party pays another to protect against the risk of a borrower failing to repay a debt.

Example Sentences

  1. He traded a credit default swap.
    Bir kredi temerrüt takası işlemi yaptı.
  2. The value of the credit default swap increased.
    Kredi temerrüt takasının değeri arttı.

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