Credit Default Swap definition

Credit Default Swap means any credit default swap entered into as a means to (i) invest in bonds, notes, loans, debentures or securities on a leveraged basis or (ii) hedge the default risk of bonds, notes, loans, debentures or securities.

Credit Default Swap means the credit default swap transaction entered into on the Closing Date between the Issuer and the Swap Counterparty and documented under the ISDA Master Agreement.

Credit Default Swap means a credit derivative contract under which the protection buyer pays a premium to the protection seller in return for compensation in the event of a default (or similar credit event) by a reference entity.

Examples of Credit Default Swap in a sentence

• Credit Default Swap entered into according to International Swap Dealers Association ("ISDA") standards, if premiums not paid in advance, will be counted as a liability for purpose of the Preferred Shares Basic Maintenance Amount; the Corporation is not the seller of credit protection.

• The charge for equity and bond price quotes per security, per day will be as follows: $.15 Domestic and Canadian Equities $.15 Options $.50 Corp/Gov/Agency Bonds $.50 International Equities and Bonds $.80 Municipal Bonds $1.00 CMO’s $62.50 per CDX or Equivalent (monthly fee) $62.50 per Single Name Credit Default Swap (monthly fee) 2.

• Total unrealized depreciation on Credit Default Swap Contracts on Indexes amounted to $0.

• The Referenced Index is for the Centrally Cleared Credit Default Swap Contracts on Indexes, which is comprised of a basket of high yield securities.

• Credit Default Swap Contracts— The Fund entered into credit default swap contracts.

More Definitions of Credit Default Swap

Credit Default Swap means any credit default swap entered into as a means to hedge the default risk of bonds, notes, loans, debentures or securities of the Borrower or any Obligor.

Credit Default Swap. (Derivado Crediticio) means the credit default swap dated on the Incorporation Date between the Management Company on behalf of the Issuer and the Swap Counterparty;

Credit Default Swap means a derivative contract in which one party pays a fee to another party in return for a payment or other benefit in the case of a credit event relating to a reference entity and of any other default, relating to that derivative contract, which has a similar economic effect;

Credit Default Swap means a credit derivative contract which provides the Fund with

Credit Default Swap means a derivative contract in which one party pays a fee to another party in return for compensation or a payment in the event of a default by a reference entity, or a credit event relating to that reference entity and any other derivative contract that has a similar economic effect;

Credit Default Swap means an agreement between counterparties in which one party is entitled to receive the par (or other agreed-upon) value of a referenced debt obligation from the counterparty to the agreement in the event of a default by a third party on the debt obligation. In return, such party would pay the counterparty a periodic stream of payments over the term of the contract provided that no event of default has occurred.

Credit Default Swap. (hereinafter: CDS) means a type of credit derivative under which credit protection provider undertakes to compensate the credit protection buyer in the event of the default or on the occurrence of other specified credit events for which the credit protection buyer pays the protection seller a periodic premium.