Credit Default Contract

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Definition: Credit Default Contract

Credit Default Contract
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Full Definition of Credit Default Contract

Establishes a price for the given default risk of a security and transfers the risk to a new buyer. Securities have risk levels and their prices are relative to the amount of their default risk. Extremely sensitive to market and individual company fluctuations.

Cite Term

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https://payrollheaven.com/define/credit-default-contract/
Modern Language Association (MLA):
Credit Default Contract. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 16, 2024 https://payrollheaven.com/define/credit-default-contract/.
Chicago Manual of Style (CMS):
Credit Default Contract. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/credit-default-contract/ (accessed: April 16, 2024).
American Psychological Association (APA):
Credit Default Contract. PayrollHeaven.com. Retrieved April 16, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/credit-default-contract/

Definition Sources

Definitions for Credit Default Contract are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.