Definitions
from Wiktionary, Creative Commons Attribution/Share-Alike License.
- noun finance A put option that makes a payoff in the event the issuer of a specified reference asset defaults.
Etymologies
Sorry, no etymologies found.
Support
Help support Wordnik (and make this page ad-free) by adopting the word credit default option.
Examples
Sorry, no example sentences found.
Comments
Log in or sign up to get involved in the conversation. It's quick and easy.