Financial and business terms. 2012.
Credit default swap — If the reference bond performs without default, the protection buyer pays quarterly payments to the seller until maturity … Wikipedia
physical settlement — Settlement occurs when a financial instrument reaches maturity or expires. A financial instrument is physically settled if the underlying asset is delivered or transferred to the counterparty in exchange for a specified payment. For example, if… … Law dictionary
Exercise (options) — The owner of an option contract may exercise it, indicating that the financial transaction specified by the contract is to be enacted immediately between the two parties, and the contract itself is terminated. When exercising a call, the owner of … Wikipedia
financial instrument — As defined in the Markets in Financial Instruments Directive (MiFID), including: Transferable securities (transferable security) (for example, shares in companies and other securities equivalent to shares in companies, bonds or other forms of… … Law dictionary
Credit derivative — In finance, a credit derivative is a securitized derivative whose value is derived from the credit risk on an underlying bond, loan or any other financial asset. In this way, the credit risk is on an entity other than the counterparties to the… … Wikipedia
cash settlement — A financial instrument is cash settled if the underlying asset is not delivered or transferred to the counterparty in exchange for a specified payment when the instrument reaches maturity. Instead, the owner of the financial instrument accepts an … Law dictionary
Equity derivative — In finance, an equity derivative is a class of financial instruments whose value is at least partly derived from one or more underlying equity securities. Market participants trade equity derivatives in order to transfer or transform certain… … Wikipedia
deliverable obligation — USA A debt obligation of the reference entity that the credit protection buyer must deliver to the credit protection seller in a physically settled (physical settlement) credit derivatives transaction, in which a credit event has occurred with… … Law dictionary
ancient Greek civilization — ▪ historical region, Eurasia Introduction the period following Mycenaean civilization, which ended in about 1200 BC, to the death of Alexander the Great, in 323 BC. It was a period of political, philosophical, artistic, and scientific… … Universalium
JERUSALEM — The entry is arranged according to the following outline: history name protohistory the bronze age david and first temple period second temple period the roman period byzantine jerusalem arab period crusader period mamluk period … Encyclopedia of Judaism
