大だい災さい害がい債さい券けん

noun

catastrophe bond; cat bond

A financial instrument used to transfer risk from an insurer to investors, triggered by a predefined catastrophic event. Also known as キャットボンド.

See also: キャットボンド

• 大だい災さい害がい債さい券けんは、地じ震しんや台たい風ふうなどの大だい規き模ぼ災さい害がいに備そなえるために発はっ行こうされる。

  Catastrophe bonds are issued to prepare for large-scale disasters such as earthquakes and typhoons.