Credit default swap
id:
credit-default-swap-207-2927475
title:
Credit default swap
text:
A credit default swap (CDS) is a financial swap agreement that the seller of the CDS will compensate the buyer in the event of a debt default or other credit event. That is, the seller of the CDS insures the buyer against some reference asset defaulting. The buyer of the CDS makes a series of payments to the seller and, in exchange, may expect to receive a payoff if the asset defaults. In the event of default, the buyer of the credit default swap receives compensation, and the seller of the CDS
brand slug:
wiki
category slug:
encyclopedia
description:
Financial swap agreement in case of default
original url:
https://en.wikipedia.org/wiki/Credit_default_swap
date created:
2003-09-12T11:55:15Z
date modified:
2024-09-10T23:47:13Z
main entity:
{"identifier":"Q624028","url":"https://www.wikidata.org/entity/Q624028"}
image:
{"content_url":"https://upload.wikimedia.org/wikipedia/commons/6/64/CDS-nodefault.PNG","width":628,"height":477}
fields total:
13
integrity:
16