Contextualizebeta

credit default option

noun

Definitions

  1. A put option that makes a payoff in the event the issuer of a specified reference asset…

    A put option that makes a payoff in the event the issuer of a specified reference asset defaults.

The neighborhood

Vish — recursive loop

No curated loop yet for credit default option. Loops are being traced one word at a time while the ingestion pipeline matures.

sense glosses and etymology drawn from English Wiktionary · source · CC-BY-SA