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CDS
noun business
Related words
  1. From our crowdsourced Open Dictionary
    Credit Default Swap: an arrangement whereby someone purchasing debt in the form of bonds tries to eliminate the risk of loss from default by the issuer by insuring the buyer against potential losses

    The seller of a CDS is typically a reinsurance company.

    A CDS is basically an insurance policy.

    Submitted by KB on 18/10/2017

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