Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010.
Credit derivative — In finance, a credit derivative is a securitized derivative whose value is derived from the credit risk on an underlying bond, loan or any other financial asset. In this way, the credit risk is on an entity other than the counterparties to the… … Wikipedia
unfunded credit derivative — United Kingdom A credit derivative in respect of which the seller of the credit protection under the credit derivative makes no upfront payment to cover its potential future liabilities. Under an unfunded credit derivative, the seller will make a … Law dictionary
credit-linked note — (CLN) United Kingdom A funded credit derivative in the form of a debt security, under which the investor in the note will receive the face value of the note at maturity unless there is a default by an underlying third party referenced by the note … Law dictionary
Credit-linked note — A credit linked note (CLN) is a form of funded credit derivative. It is structured as a security with an embedded credit default swap allowing the issuer to transfer a specific credit risk to credit investors. The issuer is not obligated to repay … Wikipedia
Credit default swap — If the reference bond performs without default, the protection buyer pays quarterly payments to the seller until maturity … Wikipedia
Derive de credit — Dérivé de crédit Demande de traduction Credit derivative → … Wikipédia en Français
Dérivé De Crédit — Demande de traduction Credit derivative → … Wikipédia en Français
Dérivés de crédit — Dérivé de crédit Demande de traduction Credit derivative → … Wikipédia en Français
CLN — credit linked note (CLN) United Kingdom A funded credit derivative in the form of a debt security, under which the investor in the note will receive the face value of the note at maturity unless there is a default by an underlying third party… … Law dictionary
Collateralized debt obligation — Financial markets Public market Exchange Securities Bond market Fixed income Corporate bond Government bond Municipal bond … Wikipedia
