credit default option

From Wiktionary, the free dictionary
Jump to navigation Jump to search

English

[edit]

Noun

[edit]

credit default option (plural credit default options)

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

Synonyms

[edit]

See also

[edit]
Retrieved from "https://en.wiktionary.org/w/index.php?title=credit_default_option&oldid=41584207"