credit default swap

British

noun

CDS. finance a contract in which the parties exchange the exposure to loss should a creditor fail to make a payment when it comes due back

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

In recent weeks, the spread on Oracle’s five-year credit-default swaps has sharply deviated from the broader investment-grade Credit Default Swap Index, rising from 60 basis points at the end of October to a high of 128 basis points last week.

From MarketWatch

The trend had relaxed in December, but Oracle credit default swap prices began rising again after the earnings release.

From Barron's

The concern has been especially apparent in Oracle’s credit default swaps, as the cost of insurance on Oracle’s bonds has sharply diverged from the broader investment-grade Credit Default Swap Index in recent weeks.

From MarketWatch

CoreWeave’s debt load was $14 billion at the end of September, with five-year credit default swap spreads rising to 642.965.

From Barron's

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023