noun
credit default swap; CDS
Financial derivative that transfers credit risk of a reference entity from one party to another.
クレジットデフォルトスワップは、企業の債務不履行リスクをヘッジするために使われる。
Credit default swaps are used to hedge against the risk of a company defaulting on its debt.
Spelling with interpuncts, sometimes used for clarity.
Loanword from English 'credit default swap'.