credit contract
31Credit-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 …
32Credit default option — In finance, a default option, credit default swaption or credit default option is an option to buy protection (payer option) or sell protection (receiver option) as a credit default swap on a specific reference credit with a specific maturity.… …
33Credit Repair Organizations Act — The Credit Repair Organizations Act ( CROA ) is not actually an Act, it is actually Title IV of The Consumer Credit Protection Act. Section 401 states, however, it can be referred to as Credit Repair Organizations Act . Now more than ever… …
34Credit Default Contract — Security with a risk level and pricing based on the risk of credit default by one or more underlying security issuers. Credit default contracts include credit default swaps (CDSs), credit default index contracts, credit default options and credit …
35Credit Spread Option — A financial derivative contract that transfers credit risk from one party to another. An initial premium is paid by the buyer in exchange for potential cash flows if a given credit spread changes from its current level. The buyer of a credit… …
36credit sale — The sale of goods, which immediately become the property of the customer, but where the price is payable by instalments. HM Customs & Revenue Glossary * * * credit sale credit sale ➔ sale * * * credit sale UK US noun [C] ► COMMERCE a sale of a… …
37credit sale — A sale in which the buyer is permitted to pay for the goods at a later time, as contrasted with a cash sale. Any sale with respect to which consumer credit is extended or arranged by the seller. The term includes any contract in the form of a… …
38credit sale — A sale in which the buyer is permitted to pay for the goods at a later time, as contrasted with a cash sale. Any sale with respect to which consumer credit is extended or arranged by the seller. The term includes any contract in the form of a… …
39Credit Support Annex — A credit support annex provides credit protection by setting forth the rules governing the mutual posting of collateral. CSAs are used in documenting collateral arrangements between two parties that trade privately negotiated (over the counter)… …
40credit default swap — noun A credit derivative contract between two counterparties, whereby the buyer (seller of risk) makes periodic payments to the seller (buyer of risk) in exchange for the right to a payoff if there is a default or other credit event in respect of …
